Vertical Observer

The vertical-drama business, sourced

UPDATED 23 October 2026 216 REPORTS · 172 COMPANIES

App · Other origin

TopReels

Key facts

Operator / parent
Foxmedia, owned by Neorigin (KOSDAQ 094860)
Origin
South Korea
Headquarters
Seoul, South Korea
Launched
March 2024
Category
App · Other origin

TopReels is a Korean-owned short-drama app distributing globally, with about 179 shows claimed. It is operated through a Singapore entity, which has caused its origin to be questioned; the company is Korean rather than Chinese, and it partners with FlexTV. Crisp Momentum acquired it as part of a $2.9m package. Revenue and downloads are not disclosed.

Reported figures

MetricFigureBasisSource
RevenueNot disclosed.no basis given—
FundingAcquired by Crisp Momentum as part of a $2.9m package.no basis given—

Profile

Markets
Global.
Content
Korean short-form drama; the company claims about 179 shows.
Monetisation
Not disclosed.
Profitability
Not disclosed.