South Korea's biggest web company acquires Wattpad for $600 million

South Korea's biggest web company acquires Wattpad for $600 million

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Webtoon and Wattpad may soon be inextricably linked. Naver, the South Korean internet giant behind the Webtoon digital comics platform, will acquire Wattpad for a deal worth US$600 million in cash and stocks. The two websites will have a “connected e...

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