Munpia

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Munpia - overview

Established

2012

Location

Seoul, -, South Korea

Primary Industry

Media

About

Based in Seoul, South Korea, and founded in 2012, Munpia Inc. operates a Korean online novel platform known as Munpia. The company started as an online novel site known as Gomurim that mainly focused on martial arts novel. Munpia Inc.


soon changed to its current name and began publishing different kinds of novels such as fantasy, game fantasy, romance, light novel, etc. In April 2021, NAVER Webtoon and Premier Partners announced to acquire a 64. 42 majority stake in Munpia Inc. Financial terms of the deal were not disclosed.


In September 2021, NAVER Webtoon and Premier Partners acquired a 64. 42 majority stake in Munpia Inc. for KRW 108. 2 billion.


The current representatives of the company are Hwancheol Kim and Dongun Shin. Munpia Inc. operates business as a online novel platform and community. Any member who subscribed to Munipa can publish his/her novel.


There are different levels for writers for publishing the novels on the platform. Members can also read the novels based on subscription service.


Current Investors

Shanghai Xuanting Entertainment Information Technology Co., Ltd., NCSoft Corporation

Primary Industry

Media

Sub Industries

Internet, Literary Publishing, Digital Media

Website

www.munpia.com

Verticals

Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

Munpia - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedMunpia-
LP DirectCompletedMunpia-
BuyoutCompletedMunpia-

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