The New York Times|1 minute read

Pop Mart's Mini Labubu Launch Sends Stocks Soaring: What You Need to Know

TL;DR

Pop Mart is making waves with its Mini Labubu launch, sending shares up by 12%. The company is projected to hit over $4 billion in revenue this year, fueled by a near-400% profit surge. Investors are buzzing as the ugly-cute toy trend takes off globally. With Labubus looking to become a billion-dollar business, the excitement is palpable.

Key Highlights:

  • Pop Mart's stock jumps 12% following Mini Labubu news.
  • Projected revenue exceeds $4 billion.
  • Profit surges by nearly 400% in just six months.
  • Labubus aiming to hit the billion-dollar mark this year.

Here's the full scoop!

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