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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.

The New York Times · 3h

Hint of Mini Labubu Launch Sends Pop Mart Stock Soaring 12%

The grinning plush elves drove record revenue for the Chinese retailer in the first half of the year, and soon fans will have something new to lust after.

New York Post on MSN · 20h

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.

4hon MSN

From China To US: Global Labubu Craze Pushes Pop Mart Stock Up 11%, Sales May Hit New Peak

Chinese toy giant Pop Mart’s stock jumped 11% after CEO Wang Ning said sales could top 30 billion yuan, boosted by the global ...

2hon MSN

The Labubu doll cultural phenomenon and the stocks that may be benefiting

Pop Mart, listed primarily on the Hong Kong Stock Exchange, has been the primary beneficiary of the Labubu craze. During the ...

17h

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.

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