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Pinkfong's IPO Soars 62%, Expands Beyond 'Baby Shark'

11/18/2025

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Summary

Story summary

Pinkfong, the creator of 'Baby Shark,' surged 62% on its trading debut on November 18, 2025, with a high of 61,500 won and a close of 41,550 won.
The IPO raised 76 billion won ($53 million), with offers exceeding 600 times the shares available.
Pinkfong aims to expand beyond children's content and become a major media studio.
Founded in 2010, Bebefinn now generates more revenue than Baby Shark, signaling diversification.

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Story summary

Pinkfong, the creator of 'Baby Shark,' surged 62% on its trading debut on November 18, 2025, with a high of 61,500 won and a close of 41,550 won.
The IPO raised 76 billion won ($53 million), with offers exceeding 600 times the shares available.
Pinkfong aims to expand beyond children's content and become a major media studio.
Founded in 2010, Bebefinn now generates more revenue than Baby Shark, signaling diversification.