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Pop Mart shares rise 12% as Labubu maker announces stellar profits and new doll
Shares in Pop Mart soared over 12.5% in daily trading in ... Around 40% of sales were made up by purchases outside of mainland China thanks to the international appeal of the firm’s Labubu brand, part of its “The Monsters” range.
The grinning plush elves drove record revenue for the Chinese retailer in the first half of the year, and soon fans will have ...
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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