Korea's Kakao Entertainment Buys Fiction App Radish For $440 Million
By Gesard in Business
Updated 3 years ago
LA-based serialized fiction app Radish has sold itself to Kakao Entertainment of Korea in a deal worth $440 million. The Board of Directors and majority of Radish shareholders approved the acquisition, which is expected to close in June. The move will strengthen Kakao's fast-growing global webtoons and web novel business...