China's POP MART Targets $4 Billion In Sales This Year
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Pop Mart’s Labubu toys are fueling a 240 percent stock surge and making CEO Wang Ning one of China’s youngest billionaires.
Pop Mart’s half-year profits soared by nearly 400% driven by the Labubu doll; The company’s CEO expects revenue to exceed $4 billion USD this year; This success is fu
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.
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Pop Mart CEO Wang Ning said the company, which reported a nearly 400% surge in half-year net profit driven by booming overseas demand for its Labubu dolls, is on track to hit 20 billion yuan revenue i
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