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Pop Mart shares soar 11% as CEO announces new mini Labubu
CEO Wang Ning says even he’s been unable to accurately predict earnings growth amid a global collecting frenzy for Labubu dolls.
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scmp.com
Labubu phenomenon drives Pop Mart’s record interim sales, earnings
Revenue outside China and Taiwan jumped to US$778 million in the first six months, making up about 40 per cent of total sales.
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cnbc.com
Pop Mart shares reverse course to rise 8% after Labubu-maker posts near-400% profit surge
Pop Mart has seen booming global demand for its Labubu plushies that have become a worldwide sensation.
