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News

Labubu-maker POP MART on a roll with 400% profit

New York Post on MSN · 1d
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.
Bloomberg on MSN · 18h
Pop Mart’s Labubu doll frenzy drives huge revenue and profit growth
Chinese plush toymaker Pop Mart International Group Ltd. reported robust revenue and profit growth, boosted by global demand for its hugely popular Labubu dolls.
Agencia EFE · 2h
China’s Pop Mart profits quintuple from ‘Labubu phenomenon’
Pop Mart, the Chinese company that produces Labubu toys, saw its profits increase in the first half of the year driven by its global success.
22h

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.
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 ...
1d

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 ...

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