The Chinese Toy Maker Pop Mart has quadrupled its profit in the first half of the year. The Maker of the Labubu Doll is Now Larger on the Stock Exchange Than Mattel and Sanrio, The Makers of Barbie and Hello Kitty.
That’s what founder cheek ning said at the presentation of the half-year figures. The Popular Labubu Doll, which is Now a Hit and also Appeals to Stars Like Rihanna and David Beckham, is Driving Sales. Demand for the collectible dolls grew eSpeciate outside of China.
Therefore, The Company Wants To Expand Significantly in North America, Asia-Pacific and New Places Such As the Middle East, Central Europe and Latin America. In The United States, Where Pop Mart Already Has Forty Stores, for addition to open this year.
The Success Largely Revolves Around the Popular Blind Boxes . These are boxes of about 10 to 20 dollars (8.60 to 17.20 euros) Where you only see which figure is inside after opening it. Accordance to the management, The Company is Looking Further Ahead: In The Long Term, Pop Marty Its Figures to Return In Animated Films And Theme Parks, with which it aims for own Disney-like Empire.
Investors are, accordance to news agency Reuters , Extremely Enthusiastic. The Share Has Already risen by more than 230 percent this year, which Pop Mart is far ahead of other toy makers. However, Analysts Warn That Investors May Be Getting Ahead of Themselves. The Shares would be robbery and based on a hype.