Tag: Naver

Now both owned by South Korea's Naver, Wattpad and digital comics platform WEBTOON are combining their studio divisions, with their parent company committing $100 million to fund development and production at the merged entity.

South Korean conglomerate Naver has completed its acquisition of Wattpad in a cash and stock transaction valued at more than $600 million.

South Korean internet giant Naver, which owns the global digital comics platform WEBTOON, is acquiring Wattpad in a cash and stock deal valued at more than $600 million.