Core Points - Webtoon Entertainment Inc. experienced an 81% surge in stock price, marking its largest single-day increase since its IPO, following a partnership announcement with The Walt Disney Company [1] - The agreement includes the adaptation of 100 Disney-branded comics into Webtoon’s English app and the co-creation of original webcomics [1] - Webtoon reported quarterly earnings that exceeded analyst expectations, with adjusted earnings per share of $0.07 and revenue of $348 million, surpassing the Wall Street average estimates [1] Company Insights - Webtoon’s CEO David Lee indicated that the partnership is mutually beneficial, enhancing Webtoon’s comic resources with popular works while allowing Disney to reach younger audiences [1] - Webtoon’s Chief Strategy Officer Yongsoo Kim emphasized the goal of introducing legendary stories to a new generation of mobile comic enthusiasts [2] - Despite the stock price increase, Webtoon’s current price remains below the $21 IPO price due to previous underwhelming performance [2] Analyst Commentary - Morgan Stanley analyst Matthew Cost highlighted the partnership with Disney as an attractive development that could significantly expand user growth in the English market [2] - The key concern raised by analysts is whether Disney's audience will remain engaged with Webtoon for original content or only return for familiar brand content [2]