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Labubu-maker POP MART on a roll with 400% profit

The Associated Press on MSN · 1d

Pop Mart rolling out mini Labubus and a long-fur version of the popular plush toy

China’s Pop Mart says it is rolling out a mini version of its popular Labubu plush toys this month, along with a new long-fur version of the toothy little monster

The Independent on MSN · 23h

Pop Mart unveils mini Labubus and long-fur version of popular toy

Labubu has been a bonanza for Pop Mart. Its revenue more than doubled in 2024 to 13.04 billion yuan ($1.81 billion), thanks in part to its elvish monster. Revenue from Pop Mart’s plush toys soared more than 1,200 per cent in 2024, nearly 22 per cent of its overall revenue, according to the company’s annual report.

Inc. on MSN · 3d

Labubu Sales Drive a Nearly 400 Percent Net Profit for Owner Pop Mart

China’s Pop Mart, which has taken the world by storm with its ugly-cute Labubu doll, reported a nearly 400 percent first-half net profit on Tuesday on high demand for the toys and a shift towards higher-margin overseas markets.

4don MSN

China's Pop Mart, maker of the Labubu doll, says profit soars nearly 400% in first half

China's Pop Mart , which has taken the world by storm with its ugly-cute Labubu doll, reported a nearly 400% first-half net ...

China’s Pop Mart profits quintuple from ‘Labubu phenomenon’

Pop Mart, the Chinese company that produces Labubu toys, saw its profits increase in the first half of the year driven by its ...

Korea JoongAng Daily on MSN3d

Pop-up stores open in China themed after Blackpink's 'Deadline' world tour

Girl group Blackpink is running several pop-up stores themed after its ongoing world tour “Deadline” across China, YG ...

2d

Kep1er to hold first K-pop concert in China in 9 years, fuelling hopes of easing Korean wave ban

The girl group will perform in Fuzhou, Fujian Province, on Sept 13. Read more at straitstimes.com. Read more at ...

6don MSN

Pop Mart's Labubus boost China's soft power as Beijing brands find global appeal

Chinese coffee chains are popping up in New York. Chinese video games are generating billions. Even Chinese makeup, or ...

Pop Mart CEO Wang Ning Joins China’s Richest as Labubu Craze Explodes

Pop Mart’s Labubu toys are fueling a 240 percent stock surge and making CEO Wang Ning one of China’s youngest billionaires.

4d

Pop Mart’s interim sales soar as Labubu craze fuels Chinese toymaker’s record earnings

Revenue outside mainland China jumped to US$778 million in the first six months, making up about 40 per cent of total sales.

5don MSN

Chanel Launches Bleu de Chanel L’Exclusif In China With Music-themed Pop-up

During the weekend, Chanel partnered with NetEase Cloud Music, China’s leading online music streaming platform, on a ...

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