Korean companies Naver Webtoon, also known as Webtoon Entertainment, and Yanolja are preparing for a US stock debut this year. They seek higher valuation and aggressive overseas expansion, inspired by Coupang’s successful Nasdaq listing in 2021, which valued the company at $63 billion. Despite changes in market sentiment following the burst of pandemic-bubble stocks, both Naver Webtoon and Yanolja have decided to pursue their US listing instead of waiting for a potentially more favourable time. In pursuing its US expansion, Naver Webtoon submitted its application for a Nasdaq listing late last month.
.
Experience the magic of the Nile aboard Kenzy Dahabeya, a luxury boutique sailing cruise that offers an unforgettable journey between...
Read moreDetails
