Pop Mart, Labubu and Hit Record
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Pop Mart CEO Says $4.2b Target Will be 'Easy' With New Mini Labubu Craze Set to Sweep the Globe
Pop Mart CEO Wang Ning says hitting a $4.2bn target in 2025 will be 'easy' after record profits and the launch of a viral new Mini Labubu collectable.
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.