Wattpad

Toronto-Based Wattpad App Sold to South Korean Naver for $600 Million

Toronto-based startup Wattpad has been acquired by the South Korean online platform Naver. Wattpad is best known for being a data-driven storytelling app for young adult and teen audiences. Naver, on the other hand, is the parent company of Webtoon. As reported by Hollywood Reporter, Wattpad has agreed to the terms of an acquisition made...