Summary • Pop Mart's half-year profits soared by nearly 400% driven by the Labubu doll • The company's CEO expects revenue to exceed $4 billion USD this year • This success is fueled by the overwhelming demand for its collectible toys

The soaring popularity of its collectible toys, particularly the Labubu doll, is allowing POP MART to experience unprecedented growth. The company’s latest financial report is a testament to the brand's momentum, with half-year profits increasing by nearly 400% on the strength of demand for its signature figurines.

In a recent statement, POP MART chief executive Wang Ning confirmed the company's aggressive revenue targets. He stated that the toy brand is well on its way to hitting its targeted revenue goal of 20 billion yuan ($2.78 billion USD) for 20

See Full Page