Wattpad, the storytelling platform, is selling to South Korea's Naver for $600 million thumbnail

Wattpad, the 14- year-old, Toronto-based, venture-backed storytelling platform with reach into a number of verticals, is being obtained by Naver, the South Korean conglomerate, in a $600 million cash-and-stock offer. Naver plans to incorporate a minimum of part of business into another of its holdings, the publishing platform Webtoon, which Naver introduced in 2004, gave […]
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