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

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.

Reuters on MSN · 20h

China's Pop Mart, maker of the Labubu doll, says profit soars nearly 400% in first half

China's Pop Mart , which has taken the world by storm with its ugly-cute Labubu doll, reported a nearly 400% first-half net profit on Tuesday on high demand for the toys and a shift towards higher-margin overseas markets.

New York Post on MSN · 13h

China’s Pop Mart sees profit soar 400% as Labubu dolls fly off shelves around the world

Explosive demand for its Labubu dolls in overseas markets has driven the growth, since the toys sell for higher prices and generate bigger margins in regions like North America.

14h

Labubus Are on Track to Be a Billion-Dollar Business This Year

Pop Mart, the Chinese company behind the Labubu franchise, has sold $670 million worth of related products this year—more ...

2don MSN

Pop Mart's Labubus boost China's soft power as Beijing brands find global appeal

Chinese coffee chains are popping up in New York. Chinese video games are generating billions. Even Chinese makeup, or ...

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