Pop Mart chief executive Wang Ning said on Wednesday his toy company was on track to meet its targeted revenue goal of 20 billion yuan ($2.78 billion) in 2025, and that "30 billion ($4.18 billion) this year should also be quite easy.

The global craze for Labubus drove record revenue for Pop Mart during the first six months of the year, up more than 200 percent when measured in Chinese renminbi.

Given the demand for dolls, Pop Mart is now considering expansion in the Middle East, Central Europe, and Central and South America.