Pop Mart

Pop Mart sales growth decelerates amid sharp overseas slowdown

Its sales in the US dropped 42 per cent year on year in April after a 45 per cent decline in March

Labubu went viral in 2025, helping push Pop Mart’s revenue past 37 billion yuan and double its share price as the frenzy spread globally.

Pop Mart’s US sales fall 45% as it struggles to find next Labubu

Still, the cooldown matters because America has become the toymaker’s most important overseas market

Pop Mart's stock plunged more than 30 per cent over five sessions through Tuesday after the company’s earnings results showed a rising dependence on Labubu.

Pop Mart’s US$33 billion rout casts doubt on life after Labubu

The company’s Labubu-led Monsters series accounted for about 40 per cent of total revenue last year, up from 23 per cent in 2024

The stock purchase marks Pop Mart’s third buyback this year.

Pop Mart launches largest ever buyback after record stock plunge

The buyback helped stabilise sentiment on Friday, with shares rising as much as 4.1 per cent

 Labubu remains central to the company’s performance.

Pop Mart shares sink 23% on doubts firm can grow past Labubu

The company is pushing to diversify its intellectual property portfolio and sustain momentum through new releases

Pop Mart has said that it is drawing on Disney’s playbook as it looks to turn Labubu’s popularity into lasting success.

Pop Mart and Sony team up for Labubu film to expand viral toy’s reach

The company is currently showcasing The Monsters as part of a global tour to mark the characters’ 10th anniversary

Pop Mart’s sales mix has grown more balanced since Q4, with Crybaby and Twinkle Twinkle accounting for a larger share, according to Huatai Securities.

Labubu mania is over. Pop Mart bets it can survive with new toys

The company has also funnelled more resources into characters seen as having breakout potential, particularly Twinkle Twinkle

The blind box phenomenon has driven fans to hunt down rare models and resell valuable items for thousands of dollars.

Singapore plans regulation for blind boxes over gambling risks

Pop Mart has opened at least six stores across the city-state

Luckin, a coffee chain, successfully sued a business in Thailand that had opened cafes under the same name with an almost identical logo.
THE BOTTOM LINE

China once stole foreign ideas. Now it wants to protect its own

The country’s courts are inundated with intellectual-property cases

Sales in overseas markets have been surging, becoming Pop Mart’s key growth driver.

Labubu maker Pop Mart sets up London hub for European push

The company will open 27 new stores in Europe in the coming year