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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.

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.

18d

China wants you to buy Labubu dolls, not Lafufus

Dupes of the internet-viral Labubu dolls are being sold around the world. Chinese authorities are now seizing them by the ...

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