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Naver's Webtoon Entertainment Files for US IPO Disclosing Losses

You may soon be able to buy shares in the popular Webtoon app as it files for IPO

The popular comic app, Webtoon, has filed for initial public offering in the US. If approved, it'll mean anyone in the world can buy a part of this popular business. It's still loss-making now though.

S|W: The SaaS Weekly – Reddit's power users will get first dibs on its IPO

Plus: Golden Ventures talks success in closing fifth seed-stage VC fund.

Naver Taps Goldman, Morgan Stanley for Webtoon Unit's US IPO

(Bloomberg) Naver Corp. has enlisted Goldman Sachs and Morgan Stanley to work on a US initial public offering for its online comics operator over the summer, accelerating the much-anticipated market debut of one of its fastest-growing businesses.Most Read from BloombergPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionHawaii Rightly Rejects Supreme Court’s Gun NonsenseDozens of Banks Rapidly Piled Up Co

Global Webtoons Market Recorded Revenue Of Usd 5.91 Bn In 2022 Says Absolute Markets Insights