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The Pinkfong Company

The Pinkfong Company (formerly SmartStudy) is a Seoul-based South Korean kids and family entertainment company known for the Pinkfong brand and the Baby SharkBaby SharkBaby Shark is a children’s song and franchise of videos, animation, films and merchandise from the South Korean company The Pinkfong Company (formerly SmartStudy); its Baby Shark Dance video, uploaded in 2016, was the first YouTube video to pass 10 billion views.Open the full entry franchise, with other IP such as Bebefinn and SEALOOK; it listed on KOSDAQ in 2025.

Contents35 sections
Key facts

Founding

SmartStudy was established in 2010.⁠[1]

Connected Toys and Subscriptions

In 2015 SmartStudy was connecting IoT devices and toys to mobile apps and agreed to supply Pinkfong content to China’s WASU; its subscription cost $9.9 a month for access to 5,000 videos. The company said its apps had reached 70 million downloads and 8.8 million monthly active users worldwide, with its strongest base in Asia, and planned offices in China and the U.S. to make local content.⁠[2]

Series A Funding

By February 2016 SmartStudy had received $8.6 million in Series A funding from KDB Capital and IBK Capital, and had recorded $8 million in sales the previous year.⁠[3]

Preparing for an IPO

In November 2018 SmartStudy was preparing to go public in 2020 and had asked several major securities firms for proposals to manage its initial public offering. Its 2017 sales were ₩27.2 billion, with operating profit of ₩1.9 billion.⁠[1]

Baby Shark’s Big Show! Premieres

Baby Shark’s Big Show!, a preschool series of 26 half-hour episodes co-produced by SmartStudy and Nickelodeon, premiered on Nickelodeon on March 26, 2021, with Kimiko Glenn voicing Baby Shark.⁠[4]

Collaboration with NCT DREAM

On May 28, 2021, SmartStudy premiered Pinkfong’s official animated music video for NCT DREAM’s Hot Sauce; an earlier Dinosaurs A to Z cover with the group had reached 10 million views in two weeks.⁠[5]

Shark Blast Mobile Game

Content Investment Fund

In July 2021 Smart Study Ventures, SmartStudy’s venture capital subsidiary, formed a Baby Shark-branded fund for content startups targeting ₩45 billion; it had already exceeded its original ₩30 billion goal and would invest in content IP such as webtoons, web novels and short-form video.⁠[7]

September–December 2021: Crowdfunding, AR Filter and Musical

In September 2021 SmartStudy ran a Pinkfong showcase with the crowdfunding platform Wadiz, offering six new products from five brands, including a sofa made with the furniture brand iloom and a hand sanitizer that plays a Baby Shark song.⁠[8]

On December 7 the company opened early-bird sales for the family musical 핑크퐁과 아기상어의 월드투어쇼 (Pinkfong and Baby Shark’s World Tour Show), scheduled at Seoul Olympic Park from January 21 to March 1, 2022.⁠[9]

On December 9 SmartStudy released an AR filter featuring “NCT-REX,” a character combining Pinkfong and NCT DREAM, its third collaboration with the group.⁠[10]

Renamed The Pinkfong Company

On January 6, 2022, SmartStudy renamed itself The Pinkfong Company to reflect its move from children’s educational services into original content and IP for all ages; it also announced its first digital comics and novels series, Moon Shark, with M Story Hub, and opened its fifth office, in Singapore, to expand across Southeast Asia.⁠[11]

KBS Children’s Song Program

In February 2022 the company announced it would co-produce KBS 2TV’s new music show 국민동요 프로젝트 아기싱어, which set out to create a new children’s song for the 100th Children’s Day and premiered on March 12.⁠[12]

Climate Content, Brand Tie-Ins and Bebefinn

Ahead of Earth Day the company released a 35-minute playlist of 15 climate-themed videos on Pinkfong YouTube channels in six languages and launched Baby Shark lunch bags made of recycled PET; its environmental series had reached 85 videos.⁠[14]

Brazilian Streaming Deal

In September 2022 the company partnered with Grupo Globo to stream 65 Baby Shark episodes on Giga Gloob, a Brazilian kids’ streaming service, with Lotus Global to bring Pinkfong consumer products to Brazil by mid-2023.⁠[15]

Seoul Parks Event and Asia Contents Awards

“핑크퐁 서울 공원 대탐험,” an event the company held with the Seoul city government across five parks, drew more than 40,000 visitors in its first 10 days.⁠[17]

Bebefinn on Netflix

The 3D series Bebefinn launched on Netflix on December 15, 2022, and within a week entered the Netflix kids’ top 10 in nine countries, which the company called a first for a Korean animation; it ranked second in the U.S., New Zealand and South Africa.⁠[18]

SEALOOK

About two months after its debut, the 3D series SEALOOK reached 100,000 YouTube subscribers on February 6, 2023, and 10 million views.⁠[19]

Original Podcasts on Apple Podcasts

In April 2023 the company launched original podcasts exclusive to Apple Podcasts: three English shows for listeners in more than 170 regions and five free Korean shows for South Korea.⁠[20]

Bebefinn Passes 10 Million and Shanghai Festival

In June 2023 the company signed a memorandum of understanding with Haichang Ocean Park and held a Pinkfong Baby Shark festival in Shanghai from June 1 to 30.⁠[21]

On June 20 the Bebefinn YouTube channel, launched in April 2022, passed 10 million subscribers after 14 months, the fastest of any Pinkfong channel.⁠[22]

One Billion Spotify Streams

Baby Shark Cruise in Shanghai

Expanding its partnership with Haichang Ocean Park, the company began operating a Baby Shark-themed river cruise along Shanghai’s Bund on September 25, 2023, a 90-minute, roughly 20-kilometer trip for up to 618 passengers.⁠[24]

Bebefinn Tops U.S. Netflix Kids Chart

In October 2023, after its second season launched, Bebefinn reached No. 1 on Netflix’s U.S. kids chart, also topped the charts in Singapore, South Korea and Ireland, and charted in 18 countries.⁠[25]

BABY SHARK TV in Japan

On November 28, 2023, the 24-hour channel BABY SHARK TV launched on Rakuten’s free R Channel in Japan, its 11th launch worldwide; the company said the channel’s 2022 revenue grew 237% year over year.⁠[26]

Bebefinn Playtime

In January 2024 Bebefinn Playtime, the first Bebefinn spinoff, topped Netflix’s daily kids’ TV chart in eight countries; the franchise had more than 24 million YouTube subscribers as of December 2023.⁠[27]

Tokyo Office

In March 2025 the company opened its fifth global office, in Tokyo, led by Chief Business Officer Gemma Joo, to expand media distribution, live shows and partnerships in Japan.⁠[28]

Strategic Partnership with TBS

In April 2025 the company signed a strategic partnership with Japan’s TBS Television to develop, distribute and market kids and family content in Japan; its Japanese YouTube channel had passed 2.45 billion cumulative views.⁠[29]

Bebefinn Film in U.K. Cinemas

The company scheduled its first Bebefinn feature, Bebefinn Sing-Along Movie: Into The Pinkfong World, for release on July 25, 2025, in more than 120 cinemas in the U.K. and Ireland.⁠[30]

Listing Registration Statement

In September 2025, after passing the Korea Exchange’s preliminary review, the company filed a KOSDAQ registration statement with the Financial Services Commission to issue 2 million shares at ₩32,000–₩38,000 each. On a consolidated basis, its 2024 revenue was ₩97.4 billion, up 11%, with operating profit of ₩18.8 billion and overseas sales at 76%.⁠[31]

Japanese TV, AI Project and New IP

From October 2025 Bebefinn aired on TBS and SEALOOK on TV Tokyo in Japan.⁠[32]

The company added Minjee, a Korean neighbor, to Bebefinn; her episodes passed 30 million YouTube views in three weeks.⁠[33]

The company was selected to lead the Ministry of Culture, Sports and Tourism’s ₩10 billion “2025 K-콘텐츠 AI 혁신 선도 프로젝트,” planning an AI immersive exhibition that responds in real time to visitors’ movements, expressions and voices.⁠[34]

The company said its Baby Shark and Bebefinn events at five Indonesian malls from June 13 to July 20 drew about 2.8 million visitors.⁠[35]

On October 31 the company released Kikipuppup, a new series co-produced with TBS in Japanese, Korean and English, premiering the English version on YouTube, with a TBS broadcast set for 2026.⁠[36]

KOSDAQ Listing

In institutional demand forecasting from October 28 to November 3, 2,300 institutions took part at a 615.9-to-1 ratio, and the company set the offer price at the top of the range, ₩38,000.⁠[37]

Retail subscription on November 6–7 drew an 846.9-to-1 ratio and about ₩8.05 trillion in deposits; the company said the proceeds would fund new IP, production upgrades, premium animation and global location-based entertainment, with Mirae Asset Securities and Samsung Securities as joint lead underwriters.⁠[38]

On November 18 its shares began trading on KOSDAQ (ticker 403850), opening at ₩58,000, 52.6% above the offer price; the IPO raised about ₩76 billion and valued the company at about ₩545.3 billion at listing.⁠[39]

SEALOOK and New Bebefinn Musical

SEALOOK, a short-form 3D series co-produced with Million Volt, launched on Netflix on October 20 and entered the daily top 10 in nine countries, including South Korea, India, Singapore and the U.S.⁠[40]

The company announced a new original Bebefinn musical to run at Yonsei University’s Centennial Memorial Hall from December 19, 2025, to January 4, 2026.⁠[41]

REDREX and AI Voices

In March 2026 the company partnered with Supertone, HYBE’s AI voice company, to let fans make memes and dubbed videos with character voices from REDREX, a short office-comedy animation launched in October 2025 that had gained more than 500,000 social media followers and 21 million TikTok views.⁠[42]

Spanish Channel Passes 20 Million Subscribers

In October 2026 the Pinkfong Español YouTube channel, launched in 2016, passed 20 million subscribers and 13.37 billion cumulative views.⁠[43]

As of October 2026: Management and Offices

As of October 2026 the company’s Korean website named Kim Min-seok (김민석) as its representative and listed two office addresses in Seocho District, Seoul.⁠[44]

Related Organizations, Websites, and Public Accounts

Sources

  1. SmartStudy gears up for IPO in 2020 - THE INVESTOR (opens in a new window)
  2. SmartStudy: Kindergarten Education On IoT (opens in a new window)
  3. South Korea’s First-Gen Unicorn Game Developers Are Now Gamifying Education (opens in a new window)
  4. Brand-New Preschool Series Baby Shark's Big Show! Makes a Splash with Spring Premieres Beginning Friday, March 26, at 12:30 PM (ET/PT) (opens in a new window)
  5. Pinkfong Releases Official Animated Music Video for NCT DREAM’s ‘Hot Sauce’ (opens in a new window)
  6. World Hit "Baby Shark" Spun into Mobile Puzzle Game, ‘Shark Blast’ (opens in a new window)
  7. 스마트스터디벤처스, 450억원 규모 콘텐츠 스타트업 투자 펀드 조성 (opens in a new window)
  8. 스마트스터디, 와디즈와 함께 '핑크퐁 기획전' 진행 (opens in a new window)
  9. 스마트스터디, 패밀리 뮤지컬쇼 ‘핑크퐁과 아기상어의 월드투어쇼’ 얼리버드 예매 오픈 (opens in a new window)
  10. 스마트스터디, 핑크퐁 X NCT DREAM 콜라보레이션 AR 필터 출시 (opens in a new window)
  11. SmartStudy Changes Corporate Name to The Pinkfong Company (opens in a new window)
  12. 더핑크퐁컴퍼니, KBS 2TV '국민동요 프로젝트 아기싱어'와 제작 협업 (opens in a new window)
  13. 더핑크퐁컴퍼니, LG전자와 ‘도와줘, 빨래 히어로!’ 캠페인 협업 (opens in a new window)
  14. Baby Shark celebrates Earth Day with a New Content Series about Climate Change (opens in a new window)
  15. The Pinkfong Company Partners with Grupo Globo to Delight Families in Brazil with Baby Shark Content (opens in a new window)
  16. The Pinkfong Company Wins 'Best Creator' at Asia Contents Awards 2022 (opens in a new window)
  17. 더핑크퐁컴퍼니-서울특별시, ‘핑크퐁 서울 공원 대탐험’ 개최 10일 만에 방문객 4만명 돌파 (opens in a new window)
  18. 더핑크퐁컴퍼니 ‘베베핀’, 국내 애니메이션 최초로 전 세계 9개국 넷플릭스 10위권 석권 (opens in a new window)
  19. SEALOOK Swims to 100,000 Subscribers on YouTube (opens in a new window)
  20. Baby Shark Swims to Apple Podcasts with a Slate of New Podcasts (opens in a new window)
  21. 더핑크퐁컴퍼니, 중국 최대 오션파크 운영사 '하이창 오션파크'와 MOU 체결 (opens in a new window)
  22. Pinkfong's Bebefinn Surpasses 10 Million YouTube Subscribers, Setting New Company Record (opens in a new window)
  23. Pinkfong Sets New Spotify Record, Becoming the First Korean Children's Brand to Surpass 1 Billion Streams (opens in a new window)
  24. Baby Shark River Cruise to Make a Splash in Shanghai (opens in a new window)
  25. Pinkfong Sweeps Netflix with Bebefinn, Becoming No.1 in Today Top 10 Kids Series in the U.S. (opens in a new window)
  26. The Pinkfong Company and Rakuten's R Channel Bring BABY SHARK TV to Japan (opens in a new window)
  27. Bebefinn Playtime Debuts at No.1 on Netflix's Today's Top 10 Kids TV Shows in 8 Countries (opens in a new window)
  28. The Pinkfong Company Establishes its Japan Office in Tokyo to Expand Global Business (opens in a new window)
  29. 더핑크퐁컴퍼니, 일본 TBS 텔레비전과 전략적 파트너십 체결… K콘텐츠 대표주자로 글로벌 공략 본격화 (opens in a new window)
  30. Netflix's #1 Kids Series Bebefinn Makes Big-Screen Debut in the U.K. and Ireland with Special Screening Event (opens in a new window)
  31. 더핑크퐁컴퍼니, 코스닥 상장 증권신고서 제출 (opens in a new window)
  32. 더핑크퐁컴퍼니, 차세대 글로벌 IP ‘베베핀’·‘씰룩’ 일본 5대 지상파 TV 동시 진출 (opens in a new window)
  33. Meet Minjee, the Newest Character in Bebefinn's Expanding Universe (opens in a new window)
  34. 더핑크퐁컴퍼니, '2025 K-콘텐츠 AI 혁신 선도 프로젝트' 주관기관 선정… 100억 규모 국책 사업 통해 AI 실감 전시 추진 (opens in a new window)
  35. 더핑크퐁컴퍼니, 인도네시아 ‘아기상어·베베핀’ 행사에 280만 명 방문… K캐릭터 저력 입증 (opens in a new window)
  36. The Pinkfong Company Unveils Its All-New Animated Series “Kikipuppup” (opens in a new window)
  37. 더핑크퐁컴퍼니, 공모가 상단 38,000원 확정… 데이터·AI 기반 '글로벌 엔터 테크 기업' 도약 본격화 (opens in a new window)
  38. 더핑크퐁컴퍼니, 일반청약 경쟁률 846.9:1 기록… 청약 증거금 8조 원 (opens in a new window)
  39. The Pinkfong Company Lists on KOSDAQ (opens in a new window)
  40. 더핑크퐁컴퍼니, ‘씰룩’ 전 세계 9개국 넷플릭스 Top10 등극 (opens in a new window)
  41. 더핑크퐁컴퍼니, ‘베베핀’ 신규 오리지널 뮤지컬 12월 19일 개막 (opens in a new window)
  42. The Pinkfong Company Introduces AI Voice-Powered Fan Creation for New IP "REDREX" (opens in a new window)
  43. Pinkfong Español YouTube Channel Surpasses 20 Million Subscribers (opens in a new window)
  44. 더핑크퐁컴퍼니 주식회사 (opens in a new window)
  45. The Pinkfong Company, Inc. (opens in a new window)
  46. Global kids' content with Pinkfong, Baby Shark, and ... (opens in a new window)