Tuesday, 11 May 2021 11:05 AM MYT
Founder and CEO Lee Seung-yoon set up the company after graduating from Oxford in 2016 and attracted funding from investors including SoftBank Group’s venture arm and Lowercase Capital. AFP pic
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SEOUL, May 11 Online fiction app Radish is being bought for US$440 million by South Korean internet conglomerate Kakao, the two firms said today, making a multi-millionaire of its 30-year-old founder only five years after he set it up.
The deal is one of two acquisitions Kakao announced today totalling nearly US$1 billion as it seeks to expand in English-language markets.
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Malaysians joke about bringing CNY celebration to pasar malam after govt ruling
People visit a market ahead of its final night before closing, in Karak, Pahang, on Jan 20, 2021.PHOTO: AFP
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Rio bronze medallist petitions Blue House over Korean national team selection
Former women’s doubles world #2 Jung Kyung Eun has posted a petition challenging what she calls a suspicious and unfair selection process for the national doubles badminton squad.
Jung Kyung Eun (pictured top) explained her grievance in the National Petition section of the website for
Cheong Wa Dae, the Korean presidential residence also known as the ‘Blue House’. In the text accompanying the petition, she points to a lack of fairness and transparency in the process, which saw her dropped from the national badminton team for the second time since she first made the team 12 years ago.
Tapas Sees Big Gains for Digital Comics By Rob Salkowitz | Jan 20, 2021
Digital comics delivered via mobile devices are starting to take significant creative and commercial steps forward. Last year Webtoon, owned by Korean tech giant Line, posted dramatic user and revenue growth, driven by large investments in attracting new customers. That was not a fluke: Tapas, a smaller U.S.-based mobile comics startup, has also announced impressive recent growth, along with plans to partner with traditional print publishers like Scholastic.
Founded in 2012, Tapas has grown a dedicated community of readers and creators through a popular mobile app, Tapas.io, which features “snackable” vertical-scroll episodic webcomics and stories. In the last year, the privately-held company announced it had reached 100 million episode-unlocks (paid content transactions) and saw total 2020 payments to Tapas creators rise to $14 million. Though the company does not make its financi