| Date | Title | Description |
| 31.01.2024 | Wattpad Implements Second Round of Layoffs, Cuts 15% of Employees | Quincy Jon, Tech Times 31 January 2024, 02:01 pm |
| 30.01.2024 | Wattpad, a storytelling platform, cuts 10% of its staff as part of company reorganization | Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, confirmed it laid off around 20 staff, or less than 10% of its workforce, according to a spokesperson of Wattpad.
The outfit recently reorganized a numbe... |
| 03.10.2023 | Wattpad ditches ‘Paid Stories’ for a freemium model | After launching its “Paid Stories” program in 2019, the social storytelling platform Wattpad is now replacing it with a new freemium model called “Wattpad Originals” that gives authors the best of both worlds — monetization and growing thei... |
| 22.04.2023 | This Week in Apps: Apple ‘sherlocks’ journaling apps, Twitter’s checkmark apocalypse, Snap summit recap | Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.
The app economy in 2023 hit a few snags, as consumer spending last year dropped for t... |
| 08.03.2023 | Wattpad lays off 15% of its staff, blames changing economic environment | Challenging economic conditions are affecting companies of all sizes, resulting in job cuts. Storytelling platform Wattpad announced Tuesday that it has laid off 42 of its 267-people workforce — that’s nearly 15% of the staff. It will provi... |
| 03.12.2022 | This Week in Apps: The year’s best apps, Twitter rival Hive’s security woes, App Store backlash grows | Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.
Global app spending reached $65 billion in the first half of 2022, up only slightly f... |
| 30.06.2022 | Wattpad launches creator monetization program with $2.6 million in writer stipends | - |
| 19.05.2022 | Mobile Storytelling Battle Lines Harden As Tapas Announces New Platform Integration | Mobile comics platform Tapas Media Inc. was acquired by South Korean media giant Kakao ... [+] Entertainment, May 11, 2021 Tapas Media Inc |
| 11.12.2021 | This Week in Apps: 2021 review, App Store changes paused, Instagram goes to Congress | Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.
The app industry continues to grow, with a record number of downloads and consumer sp... |
| 26.06.2021 | This Week in Apps: Android apps on Windows 11, App Store Search Ads hit China, Apple argues against sideloading | Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.
The app industry continues to grow, with a record 218 billion downloads and $143 bill... |
| 22.05.2021 | This Week in Apps: Google I/O hits and misses, Snap goes shopping, Parler returns to App Store | Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy.
The app industry continues to grow, with a record 218 billion downloads and $143 bill... |
| 24.04.2021 | This Week in Apps: An Apple event, more Clubhouse clones and an app store antitrust hearing | Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 218 billion downloads and $143 bill... |
| 26.01.2021 | USV 2021 Fund | We are pleased to announce that USV has raised a 2021 Core Fund with commitments of $250 million. This Core Fund will complement our new Climate Fund and existing Opportunity Fund. This will be USV’s seventh early-stage venture fund since t... |
| 19.01.2021 | Wattpad, the storytelling platform, is selling to South Korea’s Naver for $600 million | Wattpad, the 14-year-old, Toronto-based, venture-backed storytelling platform with reach into a number of verticals, is being acquired by Naver, the South Korean conglomerate, in a $600 million cash-and-stock deal.
Naver plans to incorporat... |
| 26.02.2020 | Storytelling community Wattpad now lets you personalize adult content options | Wattpad, the online storytelling community that’s home to some 80 million monthly users, has successfully tapped into the power of crowdsourcing to help uncover the next potential hits for media companies, including Netflix, Hulu, NBCU, Son... |
| 06.05.2019 | Malaysian on-demand video platform Iflix takes investment from Indonesian media giant | Iflix, a Malaysia -headquartered on-demand video streaming site that’s available across Southeast Asia and some other Asian markets, is collaborating with an Indonesian media conglomerate, PT Media Nusantara Citra (MNC), according to CNBC I... |
| 13.03.2019 | Wattpad Receives Strategic Investment from Times Bridge | Wattpad, a Toronto, Canada-based global multi-platform entertainment company for original stories, received an investment from and Times Bridge, the global investments and partnerships arm of The Times Group.
The amount of the deal was not ... |
| 13.03.2019 | Wattpad gains strategic investment from Times Bridge to further expand in India | Wattpad is further expanding into Asia with a new partnership and undisclosed strategic investment from Times Bridge, the global investment arm of The Times Group in India. The deal aims to help the storytelling community establish a larger... |
| 13.02.2019 | Wattpad’s latest deal will turn its stories into TV shows and movies in Korea | Wattpad’s ambitions to grow beyond a storytelling community for young adults took another leap forward today with the announcement of a new partnership that will help expand its reach in Asia. The company has teamed up with Huayi Brothers i... |
| 13.11.2018 | Wattpad Next beta program lets readers support their favorite writers | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Wattpad, an entertainment startup focused on writers of original stories, is announcing the Wattpad Next beta program for users in the ... |
| 13.11.2018 | Wattpad Next beta program lets readers support their favorite writers | Wattpad, an entertainment startup focused on writers of original stories, is announcing the Wattpad Next beta program for users in the U.S. — allowing readers to support writers with purchases of virtual currency.
The new program offers a s... |
| 17.01.2018 | Storytelling app Wattpad raises $51M at a $398M valuation | Content, as they say, is king — but these days, that may be true only for as long as you can figure out a good business model to deliver it. And today, a startup based out of Toronto, Canada is re-upping its coffers to fill out its ambition... |
| 17.01.2018 | Wattpad raises $61.25 million to continue investment in machine learning, interactive storytelling | Wattpad has announced that it’s raised $61.25 million CAD in a fresh round of funding.
Investors include Tencent, BDC, Globe Telecom’s Kickstart Ventures, Peterson Group, and existing investor Raine. The Globe and Mail first reported that t... |
| 17.01.2018 | Wattpad Raises $51M in Funding | Wattpad, a Toronto, Canada-based global multiplatform entertainment company for original stories, raised USD $51m (CAD $61.25m) in funding.
Backers included Tencent Holdings Limited, BDC, Globe Telecom’s Kickstart Ventures, Peterson Group, ... |
| 17.01.2018 | Tencent joins $51m round of Canadian entertainment platform Wattpad | Premium
Tencent Holdings has invested in a $51-million latest round in Wattpad, a Toronto-based multi-platform entertainment company, according to a company statement today.
Continue reading this story with a subscription to DealStreetAsia.... |
| 18.10.2017 | Wattpad launches subscription, reportedly looking to raise $50 million with Tencent | Wattpad is looking to raise $50 million CAD from Tencent, according to a report from The Globe and Mail.
Tencent will reportedly be part of a $62 million CAD total VC deal — including Canadian and American VC funds — that values the company... |
| 08.04.2014 | Social reading platform Wattpad announces massive $46M financing round | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
Edited at 8:26 PST to adjust amount from $48M to ... |
| 08.04.2014 | Wattpad Secures $46 million in Funding, Aims to “Become One of the Most Successful Consumer Internet Companies in the World” | I always wonder at what point a company just has enough money. I suppose the Toronto-based writing platform Wattpad didn’t have enough yesterday, because this morning the company announced it has raised an extremely plentiful series C round... |
| 08.04.2014 | Wattpad Raises $46M From OMERS Ventures And Others To Grow Its Social Publishing Network | Social writing platform and writer’s network Wattpad has been at it for a while now, and they’ve quietly amassed a massive user base that engages regularly with the site, posting their own stories and reading the stories of others, all the ... |
| 08.04.2014 | Wattpad Raises $46M in Series C Funding | Wattpad, a Toronto, Canada-based community of readers and writers, raised $46m in Series C funding.
The round was led by Omers Ventures with participation from August Capital, Raine Ventures, and Northleaf Venture Catalyst Fund and existing... |
| 08.04.2014 | Wattpad Bags $46M in Series C |
TORONTO, ONTARIO, World's largest community of readers and writers, today announced the company has raised $46-million in Series C funding.
>> Click here for more funding data on Wattpad
>> To export Wattpad funding data to ... |
| 08.04.2014 | Social reading platform Wattpad announces massive $46M financing round | Edited at 8:26 PST to adjust amount from $48M to $46M
Wattpad announced a massive $46 million third round of financing this morning, saying it would use the cash to expand its team and boost product development.
The social reading platform ... |
| 09.10.2013 | Splice | It feels like it is fairly well understood that the Internet enables unprecedented sharing of information, ideas and content. At USV we have participated in a bunch of services that make it easier to share – such as Twitter, Behance, Skills... |
| 06.06.2012 | Social Publisher Wattpad Raises $17.3M From Khosla, Jerry Yang, Others | Who says reading is dead? It’s certainly doing just fine for social publishing startup Wattpad, which just raised a $17.3 million Series B.
The funding was led by Khosla Ventures, with Khosla’s Andrew Chung joining the Wattpad board. (In th... |
| 06.06.2012 | Storytelling service Wattpad raises $17.3M for next chapter | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more.
Six-year-old, storytelling and reading community Wattpad has raised the eyebrows of investors anxious to see how the startup’s plot unf... |
| 27.05.2012 | Investment Thesis @USV | Venture firms operate a bunch of different ways. Some have a geographical focus, others have a sector focus, still others have a stage focus. Union Square Ventures’ focus has evolved into what we call a “thesis” but is probably better descr... |
| 14.09.2011 | Wattpad Raises $3.5M in Funding | Wattpad, a Toronto, Canada-based online community for telling and reading stories, has raised $3.5m in funding.
Investors include Union Square Ventures, W Media Ventures, Golden Venture Partners as well as existing investors.
The company in... |
| 13.09.2011 | Wattpad Raises $3.5M |
Round led by Union Square Ventures together with W Media Ventures, Golden Venture Partners and existing angel investors.
>> Click here for more funding data on Wattpad
>> To export Wattpad funding data to PDF and Excel, clic... |
| 12.09.2011 | Wattpad | Stories have been with us probably as long as language has, and the need for stories appears deeply rooted in all of us. We have come a long way from quite literally sitting around a fire to sophisticated technologies such as video games an... |
| 06.06.2011 | Wattpad’s Continued Re-Imagining of the Book | This week is Book Expo America which is the biggest book trade show in the US. That’s a great moment for reflecting on how the book is being transformed in the age of the Internet. Mary Meeker in her slide deck chose to symbolize what she c... |
| - | The CEO leading ‘Korea’s Google’ in its battle against Big Tech | Internet firm Naver has earned its nickname—Korea’s Google—by pulling off an improbable feat: It dominates South Korea’s search market, having defended its turf from Google, the world’s top search engine, whose revenue is 40 times as large ... |
