Naver Corporation, Korea’s largest information technology company, announced that it has acquired eBook Initiative Japan, GlobalLegalChronicle reported. Naver is expected to inject US $ 144.5 million for the transaction. The deal will give Naver access to more than 800,000 e-books offered by eBook Japan, most of which are manga. eBook Japan also boasts of having over 2,800 free manga on offer at all times.
As it stands, Naver already owns Webtoon, which has grown into the world’s largest online comics platform. Its acquisition of eBook Japan will allow it to further consolidate its position by being able to offer more manga titles. Meanwhile, the company also has a separate division named BookFan to deal with printed books. eBook Japan and BookFan work in active collaboration with Yahoo Japan
With a keen interest in technology, I make a point of keeping up to date with the latest developments in the world of tech and gadgets. This includes smartphones or tablets, but even extends to AI and self-driving cars, the latter being my latest fad. Besides writing, I like to watch videos, read, listen to music or experiment with different recipes. Cinema is another aspect that interests me a lot and maybe I will make a film in the future.