WEBTOON Entertainment Inc. Common Stock (WBTN)
WEBTOON Entertainment Inc. (WBTN) is a digital entertainment company specializing in webcomics, manga, and other online content. It provides a platform for creators and readers to publish, discover, and enjoy a wide variety of serialized comics and graphic stories, often featuring diverse genres and styles. The company focuses on fostering a community-driven environment and expanding its global reach through technology and innovative storytelling.
Company News
Webtoon Entertainment saw a 28% stock surge after Disney bought a 2% stake and partnered to create a new digital comics platform, combining over 35,000 comics from Marvel, Star Wars, Disney, Pixar, and 20th Century Studios.
Webtoon Entertainment reported Q2 2025 financial results with 8.5% revenue growth, beating analyst expectations. The company saw improved net losses, strategic Disney partnership, and continued focus on platform innovation and user engagement.
WEBTOON Entertainment Inc. reported its first quarter 2025 financial results, with revenue and adjusted EBITDA in the top end of guidance range. The company experienced roughly flat year-over-year revenue growth, but 5.3% growth on a constant currency basis. The company also reported a net loss of $22.0 million.
WEBTOON Entertainment Inc. (WBTN) is facing a securities fraud lawsuit alleging the company made false and misleading statements in its IPO documents. Investors who purchased the company's securities during the IPO are encouraged to join the lawsuit.