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The harder it became to get a Labubu, the more I wanted one. My journey took me through Pop Mart, TikTok, and Reddit.
Pop Mart entered the overseas market in 2018 and continued its steady revenue growth after its 2020 IPO. However, from 2020 to 2022, its gross profit margin declined continuously. By 2022, Pop Mart ...
we believe this is driven more by its asset-light business model than strong pricing power. Hence, we do not see an evident moat source for the company. Pop Mart has retained its leadership in ...
Pop Mart, the company behind the hit collectible character Labubu, was virtually unknown outside mainland China before 2024, but now some analysts are comparing its success to that of Sanrio and its ...
The toys’ limited edition release model, combined with social media ... As the figurines win fans worldwide, so too, is the Pop Mart business itself. Stefan Von Imhof is the CEO of Alts.co ...
Before the recent surge in interest in Chinese e-commerce platforms, Pop Mart's business was already booming ... A limited-edition model with skateboarding shoe brand Vans last year now sells ...
Founded in 2010, POP MART initially focused on trendy toy retail. In 2016, its "‌blind box + IP‌" model became a sensation. IPs like ‌Molly‌ and ‌Labubu‌ quickly captured the hearts of young consumers ...
Meet the Labubu. Made by Beijing-based toymaker Pop Mart, the pint-sized creature has sparked a collecting frenzy among Gen Z and millennial shoppers across Asia, the US and Europe. Fans line up ...
The doll was designed by Hong Kong artist, Kasing Lung, around 10 years ago, according to Business Insider ... to a few factors:: Pop Mart's blind box model and the possibility of getting a ...
a popular model. “My only regret is that it never occurred to me to put as much as I’ve spent on the toys into Pop Mart’s shares,” she said. “I’d be so rich.” ...