17 June 2024

Naver-owned online comics platform Webtoon aims to raise up to $315M in a US IPO, offering shares for $18 to $21 each and targeting an up to $2.67B valuation (Arasu Kannagi Basil/Reuters)

Arasu Kannagi Basil / Reuters:
Naver-owned online comics platform Webtoon aims to raise up to $315M in a US IPO, offering shares for $18 to $21 each and targeting an up to $2.67B valuation  —  Online comics platform Webtoon Entertainment said on Monday it is targeting a valuation of up to $2.67 billion in its initial public offering in the United States.

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