In China as in the United States, ever more crazy success

“This week, we are launching a miniature version of the Labu. However, Previously. However, it was simply hanging on his bag as a decoration, but now, we can even hang china united states, ever more him on his phone. Similarly, I’m sure he will become a flagship product. In addition, »» Wednesday August 20, during the mid-year conference of Pop Mart, the president and CEO, Wang Ning, unveiled his new product. Not frankly revolutionary, but guaranteeing tenfold profits.

Because Martingale Labu does not know the crisis. Whether declined in a plush. a small vinyl figurine, decked out in all kinds of costumes, the little monster with facetious eyes dominates everything. In the first half of the half, Pop Mart achieved a total turnover of 13.88 billion yuan (1.65 billion china united states, ever more euros), an increase of 204.4 % compared to the first half of 2024. Net profit was 4.71 billion yuan, up 362.8 % over one year. Of these 13.88 billion yuan, 8.28 billion was made in China, 2.26 billion on the American continent and 480 million in Europe.

These dizzying figures, which contradict Chinese domestic consumption at half mast, are even accompanied by a shortage. Because if Pop Mart claims to have tenfold in one year the productivity of its subcontracting factories of Guangdong thanks to their robotization. it still cannot catch up with the request.

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