China's POP MART Targets $4 Billion In Sales This Year
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BEIJING] Shares of Chinese pop toy maker Pop Mart International Group rose to a record on Wednesday (Aug 20), after founder and chief executive officer Wang Ning said that the company could easily surpass its annual sales projection and announced plans to launch a new mini Labubu in a post-earnings briefing.
Revenue outside mainland China jumped to US$778 million in the first six months, making up about 40 per cent of total sales.