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Pop Mart Unveils Up to 5 Billion Yuan Buyback as Overseas Revenue Falls
Chinese toymaker says first-half overseas revenue fell 11.1%, prompting an internal overhaul and raising the likelihood it will miss its 20% full-year growth goal
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scmp.com
China’s Pop Mart announces share buy-back worth up to US$740m
Decline in firm’s sales growth will be ‘difficult to reverse’ without a new product format or powerful celebrity endorsement, analyst says.
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China’s Pop Mart warns of looming headwinds, unveils buy-back plan
Decline in sales growth will be ‘difficult to reverse’ without a new product format or powerful celebrity endorsement, analyst says.
