WebP is a format developed by Google after their On2 Technologies acquisition. Based on the VP8 video codec, WebP offers rich, high-quality images in a smaller size than PNG or JPEG. It combines and improves the best qualities of the JPEG and PNG formats by providing advanced lossy and lossless compression.

Yes. WidsMob WebP support both WebP graphics and animations. It not only provides the preview features, but also converts to GIF, resize the files, and more others.