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News

Pop Mart, Labubu and New Mini

Forbes · 6h
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.
Bloomberg on MSN · 2h
Pop Mart Shares Soar 11% as CEO Announces New Mini Labubu
Shares of Chinese toy maker Pop Mart International Group Ltd. rose the most in nearly four months on Wednesday, after Chief Executive Officer Wang Ning said the company could easily surpass its annual sales projection and announced plans to launch a new mini Labubu doll.
The New York Times · 1h
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.
14mon 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 ...
14h

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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