Live Breaking News & Updates on Webtoon entertainment

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Naver Webtoon's plan for Nasdaq listing draws mixed views

Naver Webtoon is preparing for a Nasdaq listing as early as June. While market observers anticipate that the listing could boost investor sentiment in the domestic webtoon industry, some question its effectiveness, suggesting it could harm Naver's already weak share price.

South-korea , Gyeonggi , Kyonggi-do , Seongnam , Japan , Korea , Bloomberg , Morgan-stanley , Nasdaq , Goldman-sachs , Gyeonggi-province

Naver Webtoon eyes Nasdaq listing in June

South Korean internet giant Naver is pushing to have its online comics operator Webtoon Entertainment go public on the US Nasdaq as early as June, according to a recent Bloomberg report. Webtoon Entertainment is the head office for the online comics business Naver Webtoon, and has been based in Los Angeles since May 2020. The firm, with a 71.2 percent stake owned by Naver, manages the overall online comics operations...

South-korea , United-states , Korea , South-korean , America , Los-angeles , Morgan-stanley , Bloomberg , Goldman-sachs , Webtoon-entertainment , Naver-webtoon , Chung-ho-yoon

Web cartoons platform Naver eyes US$4 billion value in US summer IPO

Web cartoons platform Naver eyes US$4 billion value in US summer IPO
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

United-states , America , Los-angeles , Robert-lea , Jasmine-lyu , Naver-corp , Morgan-stanley , Goldman-sachs , Kakao-corp , Bloomberg , Webtoon-entertainment , Naver-webtoon

Wattpad Implements Second Round of Layoffs, Cuts 15% of Employees

Wattpad has recently announced a second round of layoffs as its parent, Webtoon Entertainment, streamlines its operations.

California , United-states , Toronto , Ontario , Canada , Seoul , Soult-ukpyolsi , South-korea , Tokyo , Japan , Spain , America

Wattpad, a storytelling platform, conducts another layoff round

Wattpad, a Toronto-based storytelling platform owned by Naver's Webtoon Entertainment, conducted another round of layoffs earlier this month. Wattpad has cut around 30 jobs, or roughly 15% of its workforce, a source familiar with the situation told TechCrunch. A spokesperson for Wattpad did not respond to a request for comment ahead of publication.

Toronto , Ontario , Canada , Tokyo , Japan , South-korea , Seoul , Soult-ukpyolsi , Korea , Allen-lau , Webtoon-entertainment

Storytelling platform Wattpad cuts nearly 15% jobs in another layoff round

Canada-based storytelling platform Wattpad has slashed nearly 15 per cent of its workforce in another round of layoffs conducted earlier this month.The company has laid off around 30 employees, TechCrunch reported, citing sources. The move is ...

Seoul , Soult-ukpyolsi , South-korea , Canada , Toronto , Ontario , San-francisco , California , United-states , Tokyo , Japan , China

David J. Lee Moves From Impossible Burger To Become CFO Of Webtoon

David J. Lee is now the new CFO and COO of Webtoon Entertainment and Yongsoo Kim is the new CSO, both reporting in to CEO Junkoo Kim.

South-korea , Korea , Tony-webster , Davidj-lee , Los-angeles , Junkoo-kim , Yongsoo-kim , Best-buy , Del-monte-foods , Current-news , Impossible-burger , Webtoon-entertainment

Naver Webtoon's US subsidiary appoints new top brass amid listing rumors

Naver Webtoon on Thursday said that Webtoon Entertainment, Naver Webtoon's subsidiary in the United States responsible for the webtoon service's North American business, has made a new addition to its top brass. David J. Lee has been appointed chief financial officer and chief operating officer at Webtoon Entertainment, according to Naver Webtoon. Upon taking the new role, Lee will be in charge of unifying ...

Japan , United-states , American , Kim-yong-soo , Davidj-lee , Kim-nam-sun , Naver-webtoon , Webtoon-entertainment , North-american , Wattpad-webtoon-studios , Inevitable-tech

Webtoon Entertainment Expands Leadership Team

Webtoon Entertainment Expands Leadership Team
publishersweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publishersweekly.com Daily Mail and Mail on Sunday newspapers.

South-korea , Canada , Korea , Junkoo-kim , Webtoon-unscrolled , Davidj-lee , Aron-levitz , Yongsoo-kim , Best-buy , Del-monte-foods , Wattpad-webtoon-book-group , Webtoon-entertainment

Webtoon Entertainment Expands Leadership Team

Webtoon Entertainment Expands Leadership Team
publishersweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publishersweekly.com Daily Mail and Mail on Sunday newspapers.

South-korea , Canada , Korea , Yongsoo-kim , Webtoon-unscrolled , Aron-levitz , Davidj-lee , Junkoo-kim , Wattpad-webtoon-book-group , Best-buy , Del-monte-foods , Webtoon-entertainment