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Labubu, POP MART

Labubu firm sees profit soaring by at least 350%

Pop Mart, the Chinese toy firm behind the hugely popular Labubu dolls, has said its profits are set to soar for the first six months of this year. The Beijing-based company said it expects profits for the period to jump by at least 350% as revenues more than tripled.

The Independent on MSN · 2d

Labubu doll maker says profits set to soar 350%

Chinese toymaker Pop Mart said it is expecting the massive popularity of Labubu dolls to lead to soaring profits for the first six months of the year.The popularity of the fang-toothed plush toy spread like a wildfire after celebrities like Blackpink's Lisa and Rihanna were seen flaunting them on their luxury bags.

eVnExpress on MSN · 2d

Labubu plush toy maker Pop Mart expects 350% spike in profit

Pop Mart International Group, the Chinese toymaker behind the global plush monster lineup Labubu, expects its first-half profit to surge 350% year-on-year thanks to growing demand.

Legit on MSN12h

Pop Mart’s Labubu can’t lift China’s economy alone — Beijing readies ‘plentiful’ stimulus toolbox

China is prepared to take measures and has a “plentiful” toolbox to avoid an economic slump in the second half of the year, ...

1don MSN

Investors unimpressed by Pop Mart's forecast of 350% profit surge as Labubu-maker's shares drop

Despite the latest pullback, many are holding on to their bullish calls for Pop Mart to remain one of the hottest consumer ...

1don MSN

China’s ‘New Consumers’ Don’t Want a House. They Want Labubu and Bubble Tea.

China’s tea makers are constantly rolling out new drinks that go viral on social media. Mixue, known for its ice cream and ...

Labubu Dolls Are Selling for Insane Prices. How Much Is Yours Worth?

Labubu dolls, created by Kasing Lung for Pop Mart, have become some of the hottest collectibles around. What started as a $22 ...

Labubu craze to spur 350% surge in profit, China’s Pop Mart says

Chinese toymaker Pop Mart International Group Ltd. expects the soaring global popularity of its Labubu plush toys to drive a ...

Prestige Online18h

We unpack the most popular Labubu "The Monsters" Blind Box series of all time, plus online platforms where they are still in ...

6don MSN

What’s a Labubu? And Why Are They So Popular?

Those little troll dolls you see hanging from people's backpacks are the result of an innovative marketing scheme.

12d

Here's Why Labubu Dolls Are Being Linked To Mesopotamian Demon 'Pazuzu'

Pazuzu is a demon from ancient Mesopotamian mythology, often depicted with a lion-like face, bird talons, wings and a serpent ...

14don MSN

China slammed ‘blind box' addiction — but that shouldn't faze Labubu-maker Pop Mart

Analysts say the fears of regulatory headwinds are overblown as Gen Zers and millennials, rather than young children, are Pop Mart’s main consumer demographic.

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