Interview: CEO Allen Lau on Wattpad's $600 Million Merger with Korea's Naver - Publishing Perspectives

 Today Panzer made another stop at the Publishing Perspectives site. Yesterday the site had a post about Canada's Wattpad merger with South Korea's Naver. Today the site has an interview with Wattpad CEO Allen Lau about the reason's for the merger.

Maybe a cat comic? I'd read it.

According to Porter Anderson's post, Wattpad CEO Allen Lau is elated about the merger with Naver. The merger will form a combined user base of 160 million. Naver has 72 million users and Wattpad has 90 million users. The post includes some interesting information about the two company's channels/platforms and Wattpad's expansion into comics with Naver's Webtoons.

Panzer says, "This sounds like it will work out fine as long as Wattpad gets to stay a separate company in Canada and doesn't get lost in Naver's future plans."

Note: This is an exceptionally long post. Bring a thermos of tea and five muffins for today's reading selection.

To read the post tootle over to Wattpad CEO Allen Lau