Pop Mart Sales Increased by 250% in the Quarter Thanks to Labubu 0 10

In overseas markets, sales grew by 370%, while in China, they increased by 190%. From July to September, the Chinese toy manufacturer demonstrated significant growth across all markets. Pop Mart's sales have risen since the second half of last year due to the release of Labubu mini dolls. Western markets showed an increase in Pop Mart sales. Revenue in America grew by 1270% in the third quarter. Sales in Europe increased by 740%. In the Asia-Pacific region, the growth was 170-175%. Earlier this year, the company hoped to achieve an annual revenue of 20 billion yuan ($2.8 billion). In August, CEO Wang Ning stated at a profit conference that even 30 billion yuan would be quite easy to reach.