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Allen Lau: Last News
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After $600 Million Sale, Storytelling App Wattpad Eyes Expansion
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When South Korean tech giant Naver paid $600 million for storytelling app Wattpad on Jan. 19, the companies pointed to global expansion as a rationale for the deal.
hollywoodreporter.com
Wattpad Storytelling App Sold for $600 Million to South Korean Firm Naver
Wattpad Acquired By South Korean Internet Company Naver
Wattpad to Be Acquired for $600 Million by Parent Company of Webtoon
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hollywoodreporter.com
27.01.2021 / 17:30
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After $600 Million Sale, Storytelling App Wattpad Eyes Expansion
When South Korean tech giant Naver paid $600 million for storytelling app Wattpad on Jan. 19, the companies pointed to global expansion as a rationale for the deal.
hollywoodreporter.com
17:30
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hollywoodreporter.com
20.01.2021 / 18:31
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Wattpad Storytelling App Sold for $600 Million to South Korean Firm Naver
The Canadian storytelling app Wattpad has unveiled a deal to be acquired by Naver, the South Korean Internet conglomerate and home of Webtoon, the global digital comics platform as part of a cash and stock deal valued at $600 million. The acquisition, when completed, will combine Wattpad and Webtoon into a platform with a joint global monthly audience of 160 million users.
hollywoodreporter.com
18:31
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deadline.com
20.01.2021 / 03:21
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Wattpad Acquired By South Korean Internet Company Naver
Wattpad has been acquired by the Naver, the South Korean Internet Conglomerate which is also home to the digital comics platform Webtoon.
deadline.com
3:21
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variety.com
20.01.2021 / 03:01
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Wattpad to Be Acquired for $600 Million by Parent Company of Webtoon
Todd Spangler NY Digital EditorWattpad, the user-generated fiction platform and entertainment company, announced that it agreed to be acquired by Korean internet conglomerate Naver, parent of digital comics platform Webtoon, in a deal worth more than $600 million.Seoul-based Naver plans to acquire Wattpad in a cash and stock transaction valued at more than $600 million, subject to customary adjustments and other terms, the companies announced.
variety.com
3:01
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