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The company is based in Toronto, Ontario. Wattpad developed in 2006, as the result of a collaboration between Allen Lau and Ivan Yuen. In January 2019, Wattpad launched a publishing division named Wattpad Books, in an effort to take the "guesswork" out of publishing for authors. Some of these stories are being transformed into TV dramas and movies, an example of which is The Kissing Booth. 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. 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.
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In January 2021, Naver Corporation announced that it would be acquiring Wattpad. The platform allows users to write and publish stories, or just read stories generated by other users. Founded by Allen Lau and Ivan Yuen, the platform aims to create social communities around stories, and remove the barriers between readers and writers. Wattpad is an online social reading platform intended for users to read and write original stories.
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FAMOUS WATTPAD STORIES REGISTRATION
Registration is also required for unlocking Wattpad Paid Stories with Wattpad Coins (since 2018 & 2019). Required for the majority of the tasks, such as: Editing, creating, or reading stories, view profiles, comment or vote stories and post messages.