[Updated] S Korea's Kakao buys fiction platform Radish, comic app Tapas for $950m

[Updated] S Korea's Kakao buys fiction platform Radish, comic app Tapas for $950m

Kakao Entertainment, a unit of the Korean internet giant Kakao, has acquired Radish, a mobile fiction platform backed by Softbank Ventures Asia, in a $440 million transaction. The South Korean entertainment firm is also acquiring US-based online comic app Tapas for $510 million, Reuters reported.

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