webtoon
Can Korean digital storytelling platforms captivate North American and European audiences?
Korean storytelling companies want to kindle the popularity of webtoons and web novels in the West on the back of their success in East Asia.
KakaoEntertainment acquires fantasy fiction platform Wuxiaworld
South Korean startup Kakao Entertainment announced today it has acquired Wuxiaworld, an Asia fantasy fiction platform, via its serialized fiction app subsidiary Radish to bolster the mobile storytelling business. The transaction size is…
With new owner Naver, Wattpad looks to supercharge its user-generated IP factory
Toronto-based Wattpad is officially part of South Korean internet giant Naver as of today, with the official close of the $600 million cash and stock acquisition deal. Under the terms…
Podotree, Korean chat app Kakao’s content business, raises $107M at a $428M valuation
Kakao, the Korean mobile and web giant, is beefing up its social media and content businesses after its Podotree affiliate raised 125 billion won (around $107 million). The deal values…
