# WEBTOON

> WEBTOON Entertainment operates digital storytelling platforms including WEBTOON, Wattpad and LINE MANGA. Its business connects readers with serialized comics and novels, earns revenue from paid content and advertising, and develops stories into books, television, film and other formats.

- **Founded:** 2005
- **Headquarters:** Los Angeles, United States
- **Founders:** Junkoo Kim (Founder, CEO and Chairman)
- **Products:** WEBTOON, WEBTOON CANVAS, Wattpad, LINE MANGA and eBookJapan, WEBTOON Productions, Studio N and Studio LICO
- **Notable:** Nasdaq listing under WBTN on June 27, 2024., FY2025 consolidated revenue of $1.383 billion., Lore Olympus won the Eisner Award for Best Webcomic in 2022, 2023 and 2024.

## Products & services

- **WEBTOON** — Mobile and web platform for serialized vertical-scroll comics, including professionally published Originals and self-published CANVAS series. Korean service founded in 2005; international expansion in 2014.
- **WEBTOON CANVAS** — Self-publishing service where creators retain ownership; eligible series can participate in monetization programs. International unification across seven languages announced in March 2026.
- **Wattpad** — Webnovel and social storytelling platform; NAVER acquired it in 2021 and transferred it into WEBTOON Entertainment in 2023.
- **LINE MANGA and eBookJapan** — Japanese digital manga and ebook businesses within the group.
- **WEBTOON Productions, Studio N and Studio LICO** — Businesses that develop, produce or adapt stories for other entertainment formats.
- **WEBTOON Unscrolled** — Graphic novel imprint bringing digital comics into print; first titles released in 2022.
- **Marvel Comics app** — WEBTOON-developed subscription app announced for launch November 16, 2026, with more than 35,000 comics and both traditional page and vertical-scroll reading. Not yet launched as of October 24, 2026.

## Achievements

- Nasdaq listing under WBTN on June 27, 2024.
- FY2025 consolidated revenue of $1.383 billion.
- Lore Olympus won the Eisner Award for Best Webcomic in 2022, 2023 and 2024.
- Reported group reach across more than 150 countries.

## Latest updates

- **2026-10** — October 8: HAYATE, LINE Digital Frontier and Crunchyroll announced a framework for potential anime adaptations of around 15 titles.
- **2026-10** — October 5: WEBTOON and Marvel announced a November 16 launch for the Marvel Comics app; standard announced Base pricing is $9.99/month and Ultimate pricing $12.49/month, plus tax.
- **2026-08** — Q2 2026 results: revenue $338.5 million, down 2.8% reported but up 5.2% on a constant currency basis; net loss $14.6 million; adjusted EBITDA $5.5 million.
- **2026-03** — Unified international CANVAS platform announced, with staged rollout and an opt-in AI-powered Translation Program across seven languages.
- **2026-03** — FY2025 results: $1.383 billion revenue, $373.4 million net loss and $19.4 million adjusted EBITDA.
- **2026-01** — Disney strategic agreements completed; CANVAS lowered its PayPal minimum payout threshold from $100 to $25.

## Links

- Website: https://www.webtoons.com/en/
- LinkedIn: https://www.linkedin.com/company/webtoon/
- Twitter/X: https://x.com/webtoonofficial
- YouTube: https://www.youtube.com/webtoonofficial
- Instagram: https://www.instagram.com/webtoonofficial/
- Facebook: https://www.facebook.com/webtoonofficial/
- TikTok: https://www.tiktok.com/@webtoonofficial

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Profile page: https://yespress.io/webtoon
Published by YesPress — https://yespress.io
Last updated: 2026-10-24