Webtoon Entertainment Invests in Japanese Webcomic Studio No. 9

The move marks Webtoon’s first investment in Japan, aiming to strengthen its content pipeline and expand its global reach.

Webtoon Entertainment, a subsidiary of South Korea's Naver Corporation, has acquired a minority stake in Tokyo-based studio No. 9 through its Japanese division, LINE Digital Frontier.
This is Webtoon’s first investment in a Japanese studio, targeting Japan as its fastest-growing market for webcomic content.
Studio No. 9 is known for producing popular titles like 'Savior of Divine Blood' and 'I Am the Strongest Transcendent,' which have already been localized for global audiences.
The partnership aims to enhance Webtoon’s content pipeline by increasing locally produced Japanese webcomics for both domestic and international audiences.
Webtoon’s Japanese app, Line Manga, has seen significant success, topping app market revenue charts multiple times in 2024, further underscoring Japan’s importance to Webtoon’s growth strategy.