[Exclusive] Kakao Entertainment to shut down Tapas, the North American webtoon platform it invested $8.4 billion in - MoneyToday
www.mt.co.kr
Kakao Entertainment’s North American webtoon betting, wrapping up after five years / Graphic=Kim Ji-young Kakao Entertainmentwill terminate its North American webtoon platform service, Tapas. The

You might remember the recent big waves of takedowns on Mangadex. Kakao is believed to be the company largely responsible (I don’t think it is official anyway); and now they are completely leaving the North American market.

  • wjs018@ani.socialOPMEnglish
    13·
    2 days ago

    That investment number jumped out at me too. That has to either be an error or some really funny accounting.

    • Essence_of_Meh@lemmy.worldMEnglish
      7·
      2 days ago

      I initially thought the AI translation might’ve borked currency conversion but the Korean version of the article uses 1.1 trillion for the total value so that’s not it. Either way, that’s one expensive blunder.