The Next Part of Our Story - A Letter From WEBTOON Founder and CEO Junkoo Kim
06.27.2024
A Business Built on Passion
WEBTOON started in 2005, born from my passion for comics, storytelling, art and artists. At that time, the goal was simple: I wanted to share my love of comics with people around the world, and make it easier for other people to create and share comics they loved.
Fast-forward nearly 20 years later, and that same passion still drives everything we do at WEBTOON. From transforming the comics industry in Korea, to expanding to new international markets, establishing adaptation divisions, and building a global IP & Creator Ecosystem, our work and focus has always been on empowering storytellers, giving them a platform to build an audience, and helping them make their art a career.
Today, we’re a leading global webcomic company, where 24M Creators(1) are able to connect with approximately 170 million fans(2) around the world. We’ve pioneered the webcomic format that is democratizing the ability for people to share their stories and build their audience. We’ve grown alongside our Creator Community, paying out billions -- more than $2.8 billion between 2017 and 2023 alone. And we’ve helped Creators bring their stories to bookshelves and TV & film screens around the world.
Webcomics are no longer an idea, or a niche content format. Webcomics and WEBTOON are central to pop culture, fandom, and entertainment.
When you turn on Netflix, or Disney+, or Crunchyroll, you’ll see WEBTOON adaptations on the screen. And all over the world, when you go to a bookstore or comic shop, you’ll see WEBTOON titles filling the shelves.
The passion that inspired WEBTOON’s founding is the same passion that our creators, users, and employees bring to our platforms every day. Today, we don’t just help creators share their voice, their stories, and their art: we help them change lives with their work.
A New Chapter
Our teams have built this company side by side with our creators and users. And today, as we make our public market debut on the Nasdaq, we thank you all for your support.
This is a moment when the passion that our teams and creators bring to the platform every day takes the spotlight, with a new level of recognition for the industry we’ve built together.
But this is just the beginning. As we wrap up WEBTOON’s thrilling first chapter, we’re now moving on to Chapter 2. And as we enter a new era for our business and industry, I want every WEBTOON creator and employee to know that the passion, dedication, and respect we have for storytellers isn’t going to change.
I can’t wait to write the next chapter in WEBTOON’s story together.
Junkoo Kim, Founder & CEO, WEBTOON Entertainment
As of December 31, 2023
As of March 31, 2024