New Leader at Webtoon: Yongsoo Kim Takes the Helm

Webtoon Entertainment, the leading webcomic platform, has appointed Yongsoo Kim as its new president. Kim joined the company in 2022 and will now head senior leadership, reporting directly to founder‑CEO Junkoo Kim.

Why the Promotion Matters

• Speed & Innovation: The move is designed to accelerate project timelines and inject fresh ideas across Webtoon’s global operations.
• Clear Roles: While Junkoo focuses on long‑term strategy, Kim will steer day‑to‑day growth and innovation.

Kim’s Proven Track Record

• Public Listing: Helped Webtoon go public on Nasdaq in 2024.
• Strategic Partnerships: Secured a deal with Disney that added 100 new titles, and arranged a co‑production agreement with Warner Bros. Animation for ten series.
• Content Expansion: Launched video episodes, broadened creator support, and boosted user engagement metrics.
• US Market Growth: Expanded Webtoon’s U.S. arm through new initiatives and tighter integration with its former Wattpad Webtoon Studios production studio.

Background & Expertise

• Former KKR principal.
• Launched Tesla’s Korean operations.
• Held roles at McKinsey, Netmarble, and Y Combinator‑backed Mars Auto.
• Board member of several tech firms.
• Earned a business degree from Yonsei University in 2012.

Company Snapshot

• Monthly Users: ~160 million worldwide.
• Streaming Presence: Content available on Netflix, Prime Video, and Crunchyroll.
• 2025 Revenue: $1.38 billion (modest growth).
• Financial Note: Recorded a net loss due to goodwill write‑downs.

Webtoon’s leadership sees Kim’s promotion as a signal of its commitment to disciplined execution while still pushing creative boundaries.