Wuxiaworld Founder Ren Buys Back Platform From Tapas as 2027 Shutdown Looms, Plans Cost Cuts and New Novel Licenses

Wuxiaworld founder Ren, also known as RWX, has bought back the English-language web novel platform from Tapas Entertainment, returning the business to independent ownership nearly five years after its acquisition by Kakao Entertainment. The deal was announced on September 20, 2026, shortly before Kakao revealed plans to shut down Tapas on March 31, 2027. In his official announcement, Wuxiaworld confirmed that Ren had completed the buyback and was once again the company’s sole owner and operator. Ren explained in a…