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In 2018, the company acquired Neobazar, Indonesia's top webtoon platform company, for 13.8 billion won. [10] In July 2020, KakaoPage invested in the US-based web-novel platform Radish for 32.2 billion won. [11] In August 2020, KakaoPage acquired 49% of the multinational drama and film production company Kross Pictures for 5.8 billion won. [12]
The platform, controlled by Naver and the Naver-SoftBank Group joint venture LY Corporation through a Delaware-domiciled, Los Angeles, California-headquartered holding company Webtoon Entertainment Inc., [1] is free and can be found both on the web at Webtoons.com and on mobile devices available for both Android and iOS.
The service operated as Daum Webtoon alongside Kakao's other service, KakaoPage, attracting many readers to its platform. It wasn't until August 1, 2021, when the service was relaunched as Kakao Webtoon in order to expand globally and management changed to the platform now being operated by Kakao Entertainment , a subsidiary of Kakao. [ 2 ]
From April 21, 2014, the webtoon and web novel service began free of charge. Based on popular works such as 「Legendary Moonlight Sculptor」(2007), the company has secured a large number of users through active marketing to potential users such as providing items to Kakao Talk users, and is currently one of the pillars of the web publishing ...
Manta is a South Korean digital comics (or webtoons, webcomics, manhwa) platform owned and operated by RIDI Corporation. [ 1 ] [ 2 ] It works with its own in-house studio as well as outside partners to create original digital comics.
Reading Club (manhwa) [26] Cho Ju-hee (story), Suh Yun-young (art) UDON: Real Lies (manhwa) Lee Si-young: Yen Press: Rebirth (manhwa) Korean: 리버스: Lee Kang-woo: Tokyopop: Recast (manhwa) Korean: 리캐스트: Seung Hui-kye: Tokyopop: Redrum 327: Ko Ya-seong: Tokyopop: Regarding Death: Sini Hyeono: WEBTOON: Rolling (manhwa) Shin Ji-sang ...
Webtoon's net income was $6.2 million, or $1.73 per share, for the three months ended March 31, compared to a loss of $18.3 million, or $4.80 per share, last year.
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