China's POP MART Targets $4 Billion In Sales This Year
Digest more
22hon MSN
Pop Mart CEO Says $4.2b Target Will be 'Easy' With New Mini Labubu Craze Set to Sweep the Globe
Chinese toy giant Pop Mart is surfing an unprecedented wave of global demand, with CEO Wang Ning confidently declaring that the company's ambitious 30 billion yuan ($4.2 billion) revenue target for 2025 will be 'quite easy' to achieve following a staggering 397% surge in first-half profits.
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.