Labubu-maker POP MART on a roll with 400% profit
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Pop Mart, led by CEO Wang Ning, is poised to achieve a 20 billion yuan revenue by 2025. The company, renowned for its collectible toys like the Labubu doll, reported significant profits and is venturing into new markets globally.
Wang Ning saw his wealth surge almost three fold this year, thanks to strong investor demand for the initial public offering of his Pop Mart International Group.
Pop Mart CEO Wang Ning says hitting a $4.2bn target in 2025 will be 'easy' after record profits and the launch of a viral new Mini Labubu collectable.
Pop Mart CEO Wang Ning said the company, which reported a nearly 400% surge in half-year net profit driven by booming overseas demand for its Labubu dolls, is on track to hit 20 billion yuan revenue i
Chinese Foreign Minister Wang Yi visits Pakistan to co-chair the China-Pakistan Foreign Ministers' Strategic Dialogue, aimed at reinforcing the 'All-Weather Strategic Cooperative Partnership'. This comes amidst Pakistan's efforts to balance relations with the US.
Reports citing sources claimed that during the two-day visit to New Delhi, Chinese Foreign Minister Wang Yi assured External Affairs Minister S. Jaishankar that his government will lift the restrictio