Dae Lee
JPMorgan Chase & Co, Research Division

All right. Great. Good morning, everybody. We'll get started. I'm Dae Lee, JPMorgan's Internet analyst, and we're pleased to have with us WEBTOON'S CFO and COO, David Lee. So WEBTOON is a leading global storytelling company that connects 27 million creators, 245 million monthly active users. And WEBTOON pioneered a new form of digital storytelling with long stories that are serialized into short form, vertically scrolling image-based webcomics. WEBTOON'S mission is to be the world's storytelling technology platform empowering creation by anyone, for everyone. And David joined WEBTOON in 2023. Prior to WEBTOON, David held leadership roles at various consumer and tech companies, including as Founder and CEO of Inevitable Tech, the COO and CFO of Impossible Foods and CFO at Zynga. So welcome, David.

David Lee
President of Wattpad, Global CFO, COO & Director

Great. Nice to be here.

Dae Lee
JPMorgan Chase & Co, Research Division

All right. So David, for investors less familiar with WEBTOON, can you walk us through the flywheel, the creators, users, content monetization and what makes this platform's competitive moat so difficult to replicate?

David Lee
President of Wattpad, Global CFO, COO & Director

Yes. Well, first, I think you did a pretty good job, Dae. So I appreciate that you know the company well. But let me back up. Many who may be listening in may not fully appreciate who we are, but if they have any Gen Z friends, I bet their friends are actually already on the platform, Wattpad or WEBTOON. So what we really