Thursday, June 27, 2024

Naver-owned online comics platform Webtoon raised $315M in its Nasdaq IPO at $21 per share, the top of its $18-$21 marketed range, valuing the company at $2.7B (Song Jung-a/Financial Times)

Song Jung-a / Financial Times:
Naver-owned online comics platform Webtoon raised $315M in its Nasdaq IPO at $21 per share, the top of its $18-$21 marketed range, valuing the company at $2.7B  —  Online comics platform prices IPO at top of range for $2.7bn valuation  —  Webtoon Entertainment, an online comics platform …



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The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...