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In a financial report released Aug. 19, Pop Mart said it has seen a net profit of 396% and a 204% jump in revenues due to Labubus.
These knockoff dolls and plush keychains can “break apart easily, releasing small pieces that can become choking hazards,” the Consumer Product Safety Commission said.
Revenue outside mainland China jumped to US$778 million in the first six months, making up about 40 per cent of total sales.
Explosive demand for its Labubu dolls in overseas markets has driven the growth, since the toys sell for higher prices and ...
The Chinese company Pop Mart is officially more valuable than industry giants Mattel and Sanrio, thanks to the popularity of ...
Pop Mart, the Chinese company behind the Labubu franchise, has sold $670 million worth of related products this year—more ...
"It's Malcolm's Mojo Dojo Casa House," said one user, while another added: "Looking at the world through rose tinted doors." ...
Pop Mart, fueled by the immense popularity of its Labubu doll and other collectible figurines, reported a staggering nearly ...
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Style Rave on MSNRave News Digest: Mattel Celebrates Venus Williams With New Barbie Release, Asake Stuns Fans With Bold New Hairstyle, Romelu Lukaku + More
Mattel celebrates Venus Williams with new Barbie release, Asake stuns fans with bold new hairstyle, Romelu Lukaku is ruled ...
SHANGHAI (Reuters) -China's Pop Mart, which has taken the world by storm with its smash hit, the ugly-cute Labubu doll, ...
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