Chapter
The Success Story of Wattpad
12:13 - 14:54 (02:40)
Wattpad is a platform that allows readers and writers to freely share stories with their readers, and has been able to generate close to $1 billion in sales. The company also utilizes subscription revenue as a source of income, generating hundreds of dollars within a matter of days.
Clips
Wattpad, a platform for user-generated stories, has been acquired by Naver for $600 million.
12:13 - 13:02 (00:48)
Summary
Wattpad, a platform for user-generated stories, has been acquired by Naver for $600 million. Wattpad allows writers to publish their stories and receive feedback from a community of readers.
ChapterThe Success Story of Wattpad
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Naver, a South Korean media conglomerate, has acquired Wattpad, a platform that allows writers and readers to share stories, for an undisclosed amount.
13:02 - 14:54 (01:52)
Summary
Naver, a South Korean media conglomerate, has acquired Wattpad, a platform that allows writers and readers to share stories, for an undisclosed amount. Wattpad has been valued at over $600 million and has established Wattpad Studios, which licenses some of its top stories and authors.