Webpack is a module bundler that bundles JavaScript files for use in a browser. It supports CommonJS and ES6 module syntax and bundles all dependencies. Webpack can bundle JavaScript files as well as other asset types like CSS, images, and fonts. It uses loaders to preprocess files and plugins to tap into the build pipeline. Webpack can be configured using a webpack.config.js file to specify options like entry points, output, loaders, plugins and optimization settings.