Webtoon agrees to buy 60% stake in RI Games Holdings for about $100 million

Reuters2026/08/10 20:45

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Webtoon Entertainment agreed to buy a 60% stake in RI Games Holdings for about USD 100 million, funded with cash on hand.
Deal structured in two installments, with initial closing shortly after signing and a later closing, subject to closing conditions.
Terms include milestone-based options tied to the remaining 40%, payable in a mix of cash and Webtoon common stock, subject to a share cap.
Transaction targets a dedicated pipeline to develop games from Webtoon IP, with multiple launches planned over the next four years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Webtoon Entertainment Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260810320102) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Webtoon agrees to buy 60% stake in RI Games Holdings for about $100 million

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