Webtoon Entertainment, the world's largest webcomic platform, has announced its market value at $2.67bn (£2.11bn) ahead of its US listing on the Nasdaq stock exchange. The company's shares are set to start trading on 27 June at $21 each, the top end of their marketed range. Owned by South Korean tech giant Naver, Webtoon has…
Reddit, the widely used social media platform, is targeting a valuation of up to $6.4 billion as it prepares to offer its shares to the public next week. The company plans to list on the New York Stock Exchange, but it has not yet made a profit. According to a U.S. filing, Reddit seeks to…