Chinese company Pop Mart has posted a nearly 400% rise in half-year net profit, thanks to strong demand for Labubu figurines and international expansion.
Emese Grancsa
International
Credit: Ploy Phutpheng / SOPA / Sipa Press / Profimedia
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Pop Mart, the maker of Labubu figurines, has reported an impressive 396.5% increase in net profit and 204.4% growth in revenue in the first half of the year, thanks to high demand and the transition to overseas markets. These figurines, created by artist Kasing Lung, have become a viral phenomenon, attracting the attention of celebrities and TikTok users. Pop Mart also opened 40 new stores in the first half of the year and has plans to expand.
Sources
Nebunia Labubu - Compania chineză care produce celebrele jucării a avut o creştere de 400% a profitului net, în primele şase luni din 2025 - Economica.net
Profitul producătorului figurinelor Labubu a explodat cu 400% în prima jumătate a anului
Profitul producătorului figurinelor Labubu a explodat cu 400% în prima jumătate a anului
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