South Korean search engine company Naver Corp. has acquired online self-publishing platform Wattpad for an estimated ~$600M
Wattpad, one of the last of the late 00s / early 2010 publishing startups finds an exit: https://betakit.com/... @betakit : Naver company is the country's largest online search engine, operating a mobile messaging app as well as other internet properties. https://betakit.com/... Thanks: @tron See also Mediagazer
Really happy for my friend @allenlau and the team @wattpad. We were on stage together pitching our companies @CIXCommunity in '10 or '11 (I forget which) and it's been dedication and hard work ever since. These exits are so important for the Cdn tech scene. Onwards from here! htt…
Naver company is the country's largest online search engine, operating a mobile messaging app as well as other internet properties. https://betakit.com/...