Breaking News: Wattpad Acquires KenMaxHinata and KenHina

Wattpad, a leading global multi-platform entertainment company for original stories, has acquired KenMaxHinata and KenHina, two of the most popular and widely read stories on Wattpad's platform.

The acquisition marks the first time Wattpad has acquired specific stories rather than individual writers. KenMaxHinata and KenHina have amassed a combined total of over 100 million reads on Wattpad and have consistently ranked among the platform's top-performing stories.

Wattpad's acquisition of these stories is a significant move that underscores the company's commitment to investing in and supporting its most successful writers and stories. It also represents a strategic shift for Wattpad, which has traditionally focused on acquiring writers and developing original content. However, the acquisition of these two popular stories indicates that Wattpad is now willing to invest in acquiring proven hits.

The acquisition is expected to be completed in the first quarter of 2022. Financial terms of the deal were not disclosed.