Pop Mart, China and Labubu
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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 can easily double its 2025 sales to US$4.2 billion, as the company is poised to launch a mini version of its Labubu dolls next week, CEO says.
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.