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

The New York Times · 10h

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 · 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.

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.

1d

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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