Pop Mart Forecasts 350% Profit Surge Amid Global Labubu Craze
Chinese toy maker Pop Mart is set to report a dramatic rise in profits, driven by the global success of its wildly popular Labubu collectible dolls. The Beijing-based company said it expects its first-half net profit to jump by at least 350% year-on-year, with revenue more than tripling over the same period. The surge in…
