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Pop Mart, China and Labubu

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 · 19h

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.

Labubu Sales Drive a Nearly 400 Percent Net Profit for Owner Pop Mart

The Chinese company Pop Mart is officially more valuable than industry giants Mattel and Sanrio, thanks to the popularity of Labubu dolls.

20mon MSN

From blind boxes to theme parks: Labubu-maker Pop Mart sets sights on Disney-like empire

Pop Mart CEO Wang Ning said the company, which reported a nearly 400% surge in half-year net profit driven by booming ...

9h

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.

4h

Fake Labubu dolls pose risk of choking, death for children: officials

If you're on the hunt for a Labubu doll for your child, be on the lookout for fakes - they come with an urgent warning!

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