Webtoon, one of the sites focusing on the comic fan community, has now made an official public listing on Nasdaq. Webtoon has several brands under them, including Line Manga, Wattpad, Yonder and so on. Webtoon itself positions their company as a "story tech" company.
Through a listing on Nasdaq, Webtoon shows they have a total of 170 million monthly active users, with 24 million content creators on their platform. Annually, Wattpad generates $1.3 billion in revenue per year.
The company is owned by South Korea-based Naver, and was valued at over $2.67 billion at the time of its public listing. With this public listing, it is expected to continue to increase the value of the company, as well as bring the development of the company to the next phase.