How Labubu Catapulted China’s Pop Mart to $1.8B in Revenue | The Economics Of
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YouTubeThe Wall Street Journal
How Labubu Catapulted China’s Pop Mart to $1.8B in Revenue | The Economics Of
Chinese toy company Pop Mart’s stock exploded over 1,200% in the past year thanks to its success it built off blind box collectibles like Labubu. These hard-to-get toys drive the majority of Pop Mart’s revenue as unboxings have flooded social media and have fans flocking overseas to buy exclusive products. But how is the retailer making ...
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