China, POP MART and Labubu
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First, Labubu came for our purses and backpacks. Now, it’s coming for our phones. Pop Mart CEO Wang Ning announced in a Hong Kong press conference on Wednesday that a miniature version of the highly collectable Labubu doll will be launched as an ...
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 fu
Pop Mart's net profit soared nearly 400 per cent in the first half of 2025. Read more at straitstimes.com. Read more at straitstimes.com.
Pop Mart’s Labubu toys are fueling a 240 percent stock surge and making CEO Wang Ning one of China’s youngest billionaires.
Pop Mart, led by CEO Wang Ning, is poised to achieve a 20 billion yuan revenue by 2025. The company, renowned for its collectible toys like the Labubu doll, reported significant profits and is venturing into new markets globally.