12/1/2023 0 Comments Wattpad stories read online![]() ![]() TORONTO and SEOUL, Naver, South Korea’s internet conglomerate, and Wattpad, the global multi-platform entertainment company for original stories and a leading social storytelling platform, today announced that Naver has completed its acquisition of Wattpad in a cash and stock transaction valued at more than an estimated USD $600 million. Wattpad plans to grow its team by nearly 100 people in 2021 Wattpad, the world’s leading social storytelling platform, and WEBTOON, the global leader in webcomics, are now both Naver brands, with a combined global monthly audience of more than 166 million peopleĪcquisition sets up Wattpad for continued growth and global leadership, including new investments in user initiatives to help Wattpad authors build an international audience and make money
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