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. 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. 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.
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