South Korean search engine company Naver Corp. has acquired online self-publishing platform Wattpad for an estimated ~$600M (Meagan Simpson/BetaKit)

via Techmeme
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Meagan Simpson / BetaKit:
South Korean search engine company Naver Corp. has acquired online self-publishing platform Wattpad for an estimated ~$600M  —  Wattpad is set to be acquired by South Korean internet company Naver Corp. for an estimated $754 million CAD ($600 million USD).  —  Naver announced the deal early before market open in South Korea.

January 20, 2021 at 04:55AM