Just how rich? According to Hypebeast, the CEO, Wang Ning, is now the tenth wealthiest person in China and the country’s ...

By Casey Hall and Nicoco Chan SHANGHAI (Reuters) -"Blind box" toymaker Pop Mart, which has seen frenzied sales worldwide for ...

Pop Mart, a Chinese toy company, made over $410 million in 2024 selling Labubus, quirky collectible figures from its blind ...

Pop Mart entered the overseas market in 2018 and continued its steady revenue growth after its 2020 IPO. However, from 2020 to 2022, its gross profit margin declined continuously. By 2022, Pop Mart ...

Besides trendy toys, Pop Mart’s IP is also widely used in cultural and creative products, food, cosmetics and other ... marking “another frontier in IP content diversification”. “We believe (Pop Mart) ...

Customers shop at the flagship Pop Mart store in Shanghai on Jan. 23, 2025. Editorial Fellow For years, products stamped with a “Made in China” label have been associated with kitschiness ...

By Alisha Haridasani Gupta There was a line of hundreds of people in front of the Pop Mart store in Los Angeles ... it among the company’s top-selling products. It was last year when the ...

The plush products supply chain has become the biggest challenge for the company last year and this year. In response, Pop Mart plans to strengthen the supply chain while investing in design ...

Pop Mart International’s head of strategic partnerships. "If we do not take action, we are hurting our future brand partners." Labubu-themed food products. Photo from Instagram Ji Xiang, a Singaporean ...

Chinese toy maker Pop Mart posted sharply higher annual profit as revenue surged due to strong sales growth and said it will continue its overseas expansion. The Beijing-based company said ...

In 2024, Pop Mart delivered 107% year-on-year revenue growth, thanks to an over 350% increase in overseas sales of products based on intellectual properties, or IPs. The bottom line: We assign Pop ...