Webtoon Entertainment, based in Los Angeles, went public on June 27, 2024, and employs 1,854 staff. It operates a global storytelling platform with a diverse creator community across over 150 countries.
WBTN has been in the news recently: WEBTOON Entertainment Inc. is facing multiple class action lawsuits for alleged securities fraud following a significant drop in its stock price after a disappointing revenue report. Investors have until November 4, 2024, to join these lawsuits for potential compensation related to losses from the company's June 2024 IPO.
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