The expansion of the Korean webtoon industry can be traced back to Daum, one of Korea¡¯s major portal sites, to serialize webtoons. That¡¯s why Daum is regarded as the cradle of Korean webtoons. Many webtoons that attracted an extensive subscription base were serialized on Daum. Perhaps because of its reputation and the refined delivery and production methods while connecting so many artists and readers over the years, Daum achieved a large number of ¡°firsts¡±―it was the first webtoon platform, the first platform to implement a publication schedule, and the first platform to dramatize a webtoon.
Later, Daum merged with Kakao and then, in 2021, launched Kakao Webtoon, an integrated platform aimed at global expansion―two developments that may have set Korea¡¯s webtoon industry on an entirely new trajectory. ¡°Currently, Kakao Entertainment operates two platforms: Kakao Webtoon and Kakao Page. Kakao Webtoon deals strictly with original webtoons, while Kakao Page is based on ¡®novel comics,¡¯ or web novels adapted as webtoons. We¡¯ve put a great deal of effort into these platforms to carry on the mission of Daum Webtoon while incorporating Kakao Entertainment¡¯s methodology,¡± Park said.
As Daum Webtoon made the jump to Kakao Webtoon, Park pondered how to enhance webtoons¡¯ value proposition. His team decided to move from monochrome to color in the webtoon thumbnails to convey more information about them. Other design changes to the platform layout included adding backgrounds behind the characters and using animated graphics instead of still images to grab viewers¡¯ attention.
These changes to the platform helped boost not only the number of subscribers and the number of hosted webtoons. The webtoon repertoire has risen from ten or twenty in the initial period to 400 today. Meanwhile, the platform has undergone several changes to bring those webtoons to more readers, incorporating infinite scrolling and animated thumbnails. Constant tweaks aimed at users¡¯ convenience have enabled the platform to rise above the numerous other webtoon platforms in the Korean webtoon market.
Kakao Entertainment has also spent a great deal of effort catering to overseas readers, so perhaps it¡¯s no great surprise that Kakao Entertainment¡¯s webtoons are so prevalent not only in Korea but also in other countries. The platform has taken steps to become more accessible for global readers through localization and customization. The platform has accounted for culturally important issues in each country, a strategy that has ultimately impacted the international market. Kakao Entertainment¡¯s webtoons are expanding its global reach in all areas of operations, including Thailand, Indonesia and Japan.