Serial fiction app Radish obtained by Kakao Home entertainment for $440M

by RJ Shara | May 11, 2021 | Fundings and Exit, Startups

Serialized fiction app Radish will be obtained by Kakao Home entertainment in a transaction valued at $440 million. Kakao Home entertainment is owned by Kakao, the South Korean web giant whose services include its eponymous messaging platform. Radish founder Seungyoon Lee will keep his role as its chief executive officer, while likewise ending up being Kakao Home entertainment’s worldwide […] Kakao Entertainment is owned by Kakao, the South Korean web giant whose services include its eponymous messaging platform. Radish claims millions of users in North America, and the acquisition will be help Kakao Home entertainment expand its own webtoons and web unique service there, and in other English-speaking markets. …