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News

China's POP MART Targets $4 Billion In Sales This Year

Forbes · 15h
China’s Pop Mart Targets $4 Billion In Sales This Year Amid Labubu Lunacy
Wang Ning, billionaire founder of Chinese toy maker Pop Mart International Group, said the company could “easily” reach 30 billion yuan ($4.2 billion) in sales this year.
Sourcing Journal on MSN · 1h
Labubu Lunacy Fuels Pop Mart’s Half-Year Profits to Surge Nearly 400%
Labubu hype led to Pop Mart’s record-breaking first-half revenue of $1.93 billion—surpassing the Beijing-based retailer’s total sales for all of 2024.
The New York Times · 9h
Hint of Mini Labubu Launch Sends Pop Mart Stock Soaring 12%
The grinning plush elves drove record revenue for the Chinese retailer in the first half of the year, and soon fans will have something new to lust after.
8hon MSN

The Labubu doll cultural phenomenon and the stocks that may be benefiting

Pop Mart, listed primarily on the Hong Kong Stock Exchange, has been the primary beneficiary of the Labubu craze. During the ...
1d

Pop Mart’s interim sales soar as Labubu craze fuels Chinese toymaker’s record earnings

Revenue outside mainland China jumped to US$778 million in the first six months, making up about 40 per cent of total sales.

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