By Casey Hall and Nicoco Chan SHANGHAI (Reuters) -"Blind box" toymaker Pop Mart, which has seen frenzied sales worldwide for ...

Pop Mart entered the overseas market in 2018 and continued its steady revenue growth after its 2020 IPO. However, from 2020 to 2022, its gross profit margin declined continuously. By 2022, Pop Mart ...

Customers shop at the flagship Pop Mart store in Shanghai on Jan. 23, 2025. Editorial Fellow For years, products stamped with a “Made in China” label have been associated with kitschiness ...

Besides trendy toys, Pop Mart’s IP is also widely used in cultural and creative products, food, cosmetics and other ... marking “another frontier in IP content diversification”. “We believe (Pop Mart) ...

In 2024, Pop Mart delivered 107% year-on-year revenue growth, thanks to an over 350% increase in overseas sales of products based on intellectual properties, or IPs. The bottom line: We assign Pop ...