S Korea's Naver to acquire Canadian entertainment company Wattpad for $600m

S Korea's Naver to acquire Canadian entertainment company Wattpad for $600m

Photo: Webtoon website

Canada-based global multi-platform entertainment company Wattpad has agreed to be acquired by South Korean internet company Naver Corp in a $600 million cash-and-stock deal, it announced on Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter