Naver-Backed Webtoon Meets Goal To Raise $315 Million In IPO

Webtoon Entertainment Inc. creators Ingrid Ochoa, from left, Anna Todd, Shen, Cho Seok, YC, and Kim Kyusam sign autographs during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, June 27, 2024. Online comics company Webtoon Entertainment Inc. priced shares in its US initial public offering at the top of a marketed range to raise $315 million after backer Naver Corp. this year accelerated plans for its market debut. Photographer: Michael Nagle/Bloomberg via Getty Images

Naver-Backed Webtoon Meets Goal To Raise $315 Million In IPO
Webtoon Entertainment Inc. creators Ingrid Ochoa, from left, Anna Todd, Shen, Cho Seok, YC, and Kim Kyusam sign autographs during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, June 27, 2024. Online comics company Webtoon Entertainment Inc. priced shares in its US initial public offering at the top of a marketed range to raise $315 million after backer Naver Corp. this year accelerated plans for its market debut. Photographer: Michael Nagle/Bloomberg via Getty Images
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June 27, 2024
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