Chinese toy company Pop Mart announced this week that it anticipates a dramatic increase in profits for the first half of 2024, with earnings expected to surge by at least 350% compared to the same ...

Pop Mart, the company behind popular Labubu dolls, anticipates a profit increase of at least 350% for the first half of this year.

Pop Mart's shares fell 2.1 per cent to HK$99.40 on Thursday, giving it a market value of HK$133.5 billion. Still, they have risen 441 per cent over the past 12 months as the "blind-box economy ...