Kakao Acquires 2 U.S. Webtoon Apps to Target Global Market

SEOUL, May 11 (Korea Bizwire) — Kakao Entertainment, an entertainment arm of Kakao Corp., said Tuesday it has acquired U.S.-based online comic app Tapas and fiction app Radish for US$510 million and $440 million, respectively. The subsidiary of Kakao Corp, the operator of South Korea’s top mobile messenger KakaoTalk, said the latest deals could help [...]