Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Private Capital Markets

<ul>
<li>Founded in 2008, Ridi is a leading webcomic, digital novels, and e-book provider in Korea.</li>
<li>In March 2022, Ridi raised $99.4 million in a funding led by GIC at a valuation of $1.3 billion.</li>
<li>The webtoon market surged to more than $840 million in Korea in 2020, up from about $45 million in 2010, representing a CAGR of 34% in this period.</li>
</ul>


Founded in 2008, Ridi is a leading webcomic, digital novels, and e-book provider in Korea.
In March 2022, Ridi raised $99.4 million in a funding led by GIC at a valuation of $1.3 billion.
The webtoon market surged to more than $840 million in Korea in 2020, up from about $45 million in 2010, representing a CAGR of 34% in this period.


Ridi: A Leading Webtoon & E-Book Service Unicorn in Korea Backed by GIC

South Korea

Ridi Corporation develops and manufactures application software. The Company develops webtoons application software, web novels application software, and e-books application software. Ridi provides services in Korea.

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RIDI (1517342D KF)

Ridi: A Leading Webtoon & E-Book Service Unicorn in Korea Backed by GIC

Ridi is a leading webcomic, digital novels, and e-book provider in Korea. In March 2022, Ridi raised $99.4 million in a funding led by GIC at a...

Douglas Kim

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