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Wattpad is an online social reading platform intended for users to read and write original stories
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Wattpad is an online social reading platform intended for users to read and write original stories. Founded by Allen Lau and Ivan Yuen, the platform aims to create social communities around stories, and remove the barriers between readers and writers. The platform allows users to write and publish stories, or just read stories generated by other users. In January 2021, Naver Corporation announced that it would be acquiring Wattpad. The deal was completed in May 2021. As of November 2021, Wattpad has a monthly audience of more than 90 million users, who can directly interact with the writers and share their opinions with fellow readers. Wattpad has stories available in more than 50 languages, and nearly 300,000 writers from 35 countries take part every year in the largest writing competition, the Watty Awards. Some of these stories are being transformed into TV dramas and movies, an example of which is The Kissing Booth.