storytelling app
Media & Entertainment
Wattpad, a storytelling platform, cuts 10% of its staff as part of company reorganization
8:28 pm PST • January 30, 2024
Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, confirmed it laid off around 20 staff, or less than 10% of its workforce, according to a spokesperson of Wattpad. The…
Media & Entertainment
Kakao Entertainment lands $966M from sovereign wealth funds, including Saudi Arabia’s PIF
5:56 pm PST • January 11, 2023
Kakao Entertainment announced today it has raised $966 million (1.2 trillion won) in financing from sovereign wealth funds, such as Saudi Arabia’s Public Investment Fund (PIF) and Singapore-based PWARP Investment.…
