China's POP MART Targets $4 Billion In Sales This Year
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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 ...
In an earnings call on Wednesday, CEO Wang Ning also said that Pop Mart would this week launch a new, mini version of Labubu that can be attached to phones. Wang added that his firm was on track to meet its 2025 revenue goal of 20bn yuan (€2.39bn ...
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.