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7/21/2025, 2:45:59 PM
>>280779565
>Korean webtoon companies are facing a dilemma. As the growth of the domestic market continues to slow down, they are withdrawing from overseas markets due to continued losses
>Kakao Entertainment’s webtoon platform Podo Comics, operated in China in collaboration with Tencent, will terminate its service on July 1. The company entered the Chinese market, the world’s second-largest content market, in 2021. It is ending its operations after four years due to problems such as illegal webtoon distribution. Kakao Entertainment also ceased its webtoon services in Indonesia and Taiwan last year. Another Kakao Group company, Kakao Piccoma, liquidated its European subsidiary last year.
>NHN has also decided to terminate its webtoon service Pocket Comics in English-speaking countries and France in October this year. Riding on the global growth of the webtoon market, NHN had expanded its services to Taiwan, Thailand, Vietnam, and Germany, but has wrapped up all these operations since last year. NHN plans to operate its Korean webtoon platform Comico only until October this year and focus on its business in Japan, the largest comic market.
>Korean webtoon companies are facing a dilemma. As the growth of the domestic market continues to slow down, they are withdrawing from overseas markets due to continued losses
>Kakao Entertainment’s webtoon platform Podo Comics, operated in China in collaboration with Tencent, will terminate its service on July 1. The company entered the Chinese market, the world’s second-largest content market, in 2021. It is ending its operations after four years due to problems such as illegal webtoon distribution. Kakao Entertainment also ceased its webtoon services in Indonesia and Taiwan last year. Another Kakao Group company, Kakao Piccoma, liquidated its European subsidiary last year.
>NHN has also decided to terminate its webtoon service Pocket Comics in English-speaking countries and France in October this year. Riding on the global growth of the webtoon market, NHN had expanded its services to Taiwan, Thailand, Vietnam, and Germany, but has wrapped up all these operations since last year. NHN plans to operate its Korean webtoon platform Comico only until October this year and focus on its business in Japan, the largest comic market.
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