Pop Mart The Board of Directors of Hong Kong-listed Pop […]
Plush products became a phenomenal hit, with their share of total revenue surging from 9.8% in the same period last year to 44.2%, surpassing collectible figures to become the Group’s largest product category.
In 2024, LABUBU became a global sensation, driving revenue from The Monsters series to surge by 726.6% year-on-year and surpass RMB 3 billion [approximately USD 414.5 million], making it the group’s largest IP.
On April 22, Pop Mart’s closing price reached a record high, bringing its total market capitalization to HKD 236.2 billion (approximately USD 30.2 billion).
Pop Mart expects its full-year performance in 2025 to surpass RMB 20 billion [USD 2.77 billion], with overseas revenue exceeding RMB 10 billion [USD 1.38 billion].
POP MART’s stock price reached a record high of HKD 107.6 per share during trading on February 12, bringing its total market capitalization to HKD 144.5 billion.
Pop Mart’s Q3 revenue in Hong Kong, Macau, Taiwan, and overseas markets surged 440%-445% year-on-year.
In 2023, Pop Mart’s business in Hong Kong, Macau, Taiwan, and overseas markets showed remarkable performance, with revenue reaching 1.066 billion yuan, a year-on-year increase of 134.9%. This segment accounted for 16.9% of the company’s total revenue, marking the first time this business has surpassed the 1 billion yuan milestone.
In December 2023, the third flagship store worldwide was opened in Ximending, Taiwan, with record-breaking sales on its opening day.
Pop Mart’s overseas business revenue soars by 140% in the first half of the year!