Pop Mart founder and CEO Wang Ning became one of the 10 richest billionaires in China by net worth riding on the Labubu mania. Details here.

Wang Ning tells CCTV that overseas sales are likely to surpass those in China this year, with strong growth in North America.

Chinese toy company Pop Mart announced this week that it anticipates a dramatic increase in profits for the first half of 2024, with earnings expected to surge by at least 350% compared to the same ...

In 2024, Pop Mart reported more than RMB 13.0 billion in revenue and a 204% increase in net profits, reflecting the widespread appeal of its original characters and surprise-based retail strategy.

A leading entity in the designer toy industry, Beijing-based Pop Mart specialises in collectible ’blind box’ toys and consumer goods. Primarily serving young adults, particularly Generation Z women, ...

Labubu dolls have become a smash hit toy and fashion accessory, but they also represent a cultural watershed for China, writes Adam Maguire.

Labubu dolls are displayed inside a Pop Mart store in Shanghai on July 19, 2025. Photo: VCG. Editor's Note: China's new era ...

Chinese toymaker Pop Mart is gearing up for another period of blockbuster growth, following the runaway success of its Labubu toy internationally, saying it expects a massive surge in first-half ...

Pop Mart said it expects at least a 350% increase in profit for the first six months of 2025 and at least a 200% increase in revenue. The negative stock reaction may be a reflection of investors ...

While Pop Mart should benefit from operating leverage as most store-related costs are fixed, we model a stable long-term marketing expense ratio of 26.5% as the firm continues its global expansion.