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Pop Mart Sees Revenue Hitting Over $4 Billion This Year, to Launch Mini Labubus
Wang, who founded the company in 2010, was speaking with analysts after Pop Mart announced record half-year results on Tuesday, with the makers of the ugly-cute Labubu doll reporting net profit soared nearly 400% as demand for the toys surged, particularly in higher-margin overseas markets.
20hon MSN
Pop Mart shares rise 8% in volatile trading after Labubu-maker posts near-400% profit surge
Pop Mart's revenue jumped 204.4% year on year to 13.88 billion yuan ($1.93 billion), and its net profit attributable to ...
4hon MSN
Labubu could make $1B this year
Labubu is a plush monster toy, but it’s also on track to be a billion-dollar business.
The following blind boxes will be available for purchase Tuesday night, Aug. 19: Have a Seat Vinyl Plush Blind Box − Single ...
Pop Mart, listed primarily on the Hong Kong Stock Exchange, has been the primary beneficiary of the Labubu craze. During the ...
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