Introduction:
A subscription-based webtoon platform is called Toomics. It offers webcomics in a variety of genres that have been multilingually translated. Founded in 2018, the company has its headquarters in Gangnam-gu, South Korea. Toomics was purchased by Terapin Studios million on July 19, 2022.
Toomics Company Highlights:
| Company Name | Toomics |
| Headquarter | Gangnam, South Korea |
| Industry | Comics |
| Founded | 2015 |
| Founder | Sungin Kim |
| Website | https://toomics.com/en/ |
Toomics About:
Toomics (Image Source: toomics.en.aptoide.com)
Toomics is a subscription-based digital entertainment platform that provides a variety of webtoons of various genres. Available in multiple languages, Toomics has relied on its high-quality webtoon-IP and distribution capacity to evolve into one of the fastest-growing global webtoon platforms to date.
Toomics Industry:
creator of a webtoon platform for hosting multiple comics of different genres. The company’s platform allows users to watch animated series in their free time by providing a selection of webtoons to its readers as well as a subscription service that gives them access to all the webtoons, including sneak peeks into the next episodes that haven’t been updated yet.
Toomics Founder & Team:
Toomics is a Company located in South Korea, Asia, and was founded in 2015. Toomics has 2 executives. Toomics’s current Chief Executive Officer is Sungin Kim.
Toomics Founder (Image Source: linkedin.com)
Toomics Startup Story:
With its headquarters in Seoul, South Korea, Toomics Global is a premium subscription-based webcomics platform with a significant international following. We provide a selection of webtoons in 11 different languages.
Toomics Global offers a variety of webtoon content genres based on a high-level localization approach that uses its own platform to carry out tasks like translation, editing, marketing, etc.
Toomics Global, an organisation with the objective of “To Mix All Fun” and headed by individuals of diverse nationalities, is looking for outstanding individuals who can develop as a team and appreciate one another.
Toomics Mission & Vision:
It provides manga and animation to all users.
Toomics Name & Logo:
Toomics (Image Source: xangle.io)
Toomics Business Model:
There is no data of it.
Toomics Revenue Model:
In 2021, Toomics continued to post a steady profit and achieved more over USD 50 million in revenue. The revenue contribution from the ex-Korean company has nearly doubled over the previous three years to account for more than 70 percent in 2021 due to the recent rapid development of worldwide activities.
Toomics Products & Services:
It provide subscripsion based anime and comics.
Toomics Funding & Investors:
- Investors of Toomics include Terapin Studios, Korea Investment Partners, and InterVest.
- Toomics raised a total of $10.94M.
- Toomics’s latest funding round is Acquired.
- Toomics has raised $10.94M over 2 rounds.
- Toomics’s latest funding round was Acquired on July 19, 2022.
- Toomics’s valuation in December 2016 was $41.97M.
- Toomics’s latest post-money valuation is from July 2022.
Toomics Employees:
Toomics has 50-200 employees.
Toomics Challenges Faced:
Toomics was facing challenges in acquiring new users and retaining existing ones in a highly competitive digital comics market Their main concerns were:
- Inefficient marketing strategies: Toomics’ initial marketing efforts were uncoordinated and not delivering the desired results.
- Limited global reach: The platform struggled to penetrate new markets and expand its user base.
- Retention issues: Toomics needed to improve user retention rates to enhance customer loyalty and increase revenue.
- To tackle these challenges, Shape The Market devised a comprehensive digital marketing strategy focusing on three main areas:
- Data-driven marketing campaigns: By leveraging data analytics, Shape The Market identified the most effective marketing channels and created targeted campaigns. This approach allowed Toomics to optimise ad spending, improve audience targeting, and enhance the overall performance of its marketing efforts.
- Global expansion strategy: Shape The Market helped Toomics identify and
- penetrate high-potential markets. By tailoring content and marketing strategies to local preferences, Toomics successfully expanded its global presence.
- User retention initiatives: The digital marketing agency implemented retention strategies such as personalized recommendations, push notifications, and loyalty programs. These measures increased user engagement and retention rates, ultimately leading to higher revenue for Toomics.
Toomics (Image Source: dsdir.com)
Toomics Acquisitions:
Terrapin Studios, a U.S.-Korean media investor backed by NPX Capital, has paid $160 million to acquire Toomics Global, one of South Korea’s fastest-rising platforms for webtoons.
Webtoons, vertically-scrolling comic strips designed to be viewed on smartphones, emerged in South Korea about 15 years ago and have become a major cultural phenomenon across Japan, Korea and much of Southeast Asia.
Webtoons have also been the form of IP underlying many Korean film and TV hits, including Netflix’s “All of Us Are Dead” and “Itaewon Class,” Disney+’s “Moving” and “Dr Brain” for Apple TV+.
Netflix is also on course to produce a series, “Black Knight,” based on Toomics’ original webtoon IP “Delivery Knight.” The sci-fi miniseries, starring A-list actor Kim Woo Bin (“Alienoid”), is expected to premiere this year.
The Terapin-Toomics deal follows a February 2022 acquisition that saw Terapin buy Copin Communications, a Korean webtoon producer. The two deals together are expected to give Terapin the capacity to take its stable of cartoon creators further into international markets and the ability to negotiate deals for its IP in multiple related or ancillary markets, from animated film and TV, to books, games, merchandise and NFTs.
Toomics Growth:
Toomics, a leading webtoon platform, has been a trailblazer in the digital comics industry. In collaboration with Shape The Market, a renowned digital marketing agency, Toomics has expanded its global reach and strengthened its position in the market.
Toomics Partners:
The collaboration between Toomics and Shape The Market proved to be a game-changer for the digital comics platform. Shape The Market’s data-driven approach, global expansion strategies, and user retention initiatives allowed Toomics to overcome its challenges and achieve sustained growth.
Toomics Competitors:
The competitors of Toomics are:
- toongod.org.
- manhwa18.cc.
- hentai20.io.
- toonily.com
Toomics Awards & Achievements:
It has not received any awards.
Toomics Future Plan:
According to our latest research, the global cartoon market looks promising in the next 5 years. The Global cartoon market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2028.
FAQs about Toomics:
What does Toomics do?
Toomics is a comic book reading platform that allows readers to search and read weekly updated comics and Japanese & South Korean webtoons. Users can read comics based on various genres such as action, horror, romance, school life stories, and more. It has a mobile app for Android devices.
When was Toomics founded?
It was founded on 2015.
Who is the founder of Toomics Corporation?
The founder is Sungin Kim.
Who is the CEO of Toomics Corporation?
The CEO is Sungin Kim.
Who are the main competitors of Toomics?
The competitors of Toomics are –
- toongod.org.
- manhwa18.cc.
- hentai20.io.
- toonily.com
What other apps are like Toomics?
Some of these webtoon apps and reader sites let you access series for free, so there’s no excuse.
- Tapas (Android, iOS, Browser)
- Webtoons (Android, iOS, Browser)
- Tappytoon (Android, iOS, Browser)
- Lezhin Comics (Android, iOS, Browser)
- Toomics (Browser)
- Netcomics (Android, iOS, Browser)
How do I activate my Toomics account?
When signing up for Toomics, we offer multiple ways to make an account. email address and password. log in through the icons located on the lower part of the [Sign in] screen. account.
What site is similar to Toomics?
To reveal the full list of websites like toomics.com use Semrush Organic Research tool.
- toongod.org. 645. 424. 145.0M.
- manhwa18.cc. 418. Country Rank: India. 309.
- hentai20.io. 243. 208. 336.0M.
- toonily.com. Country Rank: Philippines. 808.0M. -9.9%
- manga18.club. 332. Country Rank: Thailand.
- webtoon.xyz. 859.5M. -9.3%
- hreads.net. 6,345. 2,853.
What apps are like Toomics for free?
Some of these webtoon apps and reader sites let you access series for free, so there’s no excuse.
- Tapas (Android, iOS, Browser)
- Webtoons (Android, iOS, Browser)
- Tappytoon (Android, iOS, Browser)
- Lezhin Comics (Android, iOS, Browser)
- Toomics (Browser)
- Netcomics (Android, iOS, Browser)
Conclusion:
All your favorite readings contained in one place for both hardcore fans and first-time comic readers. Toomics is the top premium subscription webtoon service with every genre and fantasy imaginable. It offers webcomics translated into multiple languages from a variety of genres. The company was founded in 2015 and is based in Gangnam-gu, South Korea.
My name is Sai Sandhya, and I work as a senior SEO strategist for the content writing team. I enjoy creating case studies, articles on startups, and listicles.
Disclaimer -We have collected this information from our direct sources, various trustworthy sources on the internet and the facts have been checked manually and verified by our in-house team.