@atinyox Hybe is the management group of the Kpop group BTS. It's not necessarily a bad thing, but recently the company bought V-Live and Universe (where many kpop idols interact with fans and post content) which means any kpop group that's not associated with HYBE could be "thrown into the air" (not my words) which is a disadvantage to them. It could cause problems.
It's unlikely HYBE would buy Wattpad but I mean like the company has money overflowing it's bank and since they've joined Wattpad it just seems a little suspicious. Who knows?