diff --git a/.drone.env b/.drone.env
index 7f046d20d..9bff4474a 100644
--- a/.drone.env
+++ b/.drone.env
@@ -1,3 +1,3 @@
 # The test runner source for UI tests
-WEB_COMMITID=998722d3f3836a8091549313b540ddcc3dd1ae03
+WEB_COMMITID=00f038473ad43d7553089e7b8630a73fe94ba6b9
 WEB_BRANCH=master
diff --git a/changelog/unreleased/update-web-10.3.0.md b/changelog/unreleased/update-web-10.3.0.md
new file mode 100644
index 000000000..3ea22a657
--- /dev/null
+++ b/changelog/unreleased/update-web-10.3.0.md
@@ -0,0 +1,32 @@
+Enhancement: Update web to v10.3.0
+
+Tags: web
+
+We updated ownCloud Web to v10.3.0. Please refer to the changelog (linked) for details on the web release.
+
+* Bugfix [owncloud/web#11557](https://github.com/owncloud/web/pull/11557): OCM token clipboard copy
+* Bugfix [owncloud/web#11560](https://github.com/owncloud/web/pull/11560): OCM local instance check
+* Bugfix [owncloud/web#11583](https://github.com/owncloud/web/pull/11583): Thumbnails for GeoGebra slides not showing up
+* Bugfix [owncloud/web#11584](https://github.com/owncloud/web/pull/11584): Logout issues on token renewal failure
+* Bugfix [owncloud/web#11633](https://github.com/owncloud/web/pull/11633): App version downloads
+* Bugfix [owncloud/web#11642](https://github.com/owncloud/web/pull/11642): Wrong webdav URL in sidebar
+* Bugfix [owncloud/web#11643](https://github.com/owncloud/web/pull/11643): Renaming space in projects view files table does not work
+* Bugfix [owncloud/web#11653](https://github.com/owncloud/web/pull/11653): Hide share type switch for project spaces
+* Bugfix [owncloud/web#11658](https://github.com/owncloud/web/pull/11658): File name truncation
+* Enhancement [owncloud/web#11553](https://github.com/owncloud/web/pull/11553): Copy quick link action removal
+* Enhancement [owncloud/web#11553](https://github.com/owncloud/web/pull/11553): Internal link removal
+* Enhancement [owncloud/web#11558](https://github.com/owncloud/web/pull/11558): Add split confirm button to create link modal
+* Enhancement [owncloud/web#11561](https://github.com/owncloud/web/pull/11561): Add versions to the left sidebar bottom
+* Enhancement [owncloud/web#11574](https://github.com/owncloud/web/pull/11574): Accessibility improvements
+* Enhancement [owncloud/web#11580](https://github.com/owncloud/web/pull/11580): Show min oCIS version in app details (app store)
+* Enhancement [owncloud/web#11586](https://github.com/owncloud/web/pull/11586): Add a "Save As" function to the app top bar
+* Enhancement [owncloud/web#11606](https://github.com/owncloud/web/pull/11606): Move permanent link indicator
+* Enhancement [owncloud/web#11606](https://github.com/owncloud/web/pull/11606): Redesign sidebar link section in sharing panel
+* Enhancement [owncloud/web#11614](https://github.com/owncloud/web/pull/11614): Soothe right sidebar panel transitions
+* Enhancement [owncloud/web#11631](https://github.com/owncloud/web/pull/11631): Preview loading performance
+* Enhancement [owncloud/web#11644](https://github.com/owncloud/web/pull/11644): Add cancel button to unsaved changes dialog
+* Enhancement [owncloud/web#11646](https://github.com/owncloud/web/pull/11646): File type icon for .ggs files
+* Enhancement [owncloud/web#11661](https://github.com/owncloud/web/pull/11661): Remove link type "Uploader"
+
+https://github.com/owncloud/ocis/pull/10177
+https://github.com/owncloud/web/releases/tag/v10.3.0
diff --git a/services/web/Makefile b/services/web/Makefile
index b26d8571d..0bace9565 100644
--- a/services/web/Makefile
+++ b/services/web/Makefile
@@ -1,6 +1,6 @@
 SHELL := bash
 NAME := web
-WEB_ASSETS_VERSION = v10.2.0
+WEB_ASSETS_VERSION = v10.3.0
 
 include ../../.make/recursion.mk