Pop Mart shares rise by 11 % in terms of the CEO announces New Mini Labubu

The stock rose to up to 11 % to $ 310.6 Hong Kong, the highest level since the company that was published in 2020. This was reflected in the previous losses of up to 4.7 %, as some analysts reported concerns about the long -term demand for the famous Pop Mart characters.

Wang told a profit invitation that he had not even been able to predict the growth of profits in a global group to collect LaPobo dolls. He said that earlier this year, Bob Mart was hoping to reach 20 billion yuan (2.8 billion dollars), but now he feels that 30 billion yuan “would be very easy.” Wang added that a new small version of Labubu will be launched as soon as this week, without more details.

Pop Mart revenue increased by 204 % year on an annual basis to 13.88 billion yuan in the first half of 2025, according to the company’s statement on Tuesday. This defeated the average analyst 13.76 billion yuan and compared to 62 % growth in the same period last year. Net income jumped 397 % to 4.57 billion yuan.

More stores

Beijing-based Pop Mart is advancing with the global expansion plan, as it benefited from global madness on Labubus-drawing games that turned into a pop culture phenomenon in western markets, especially the United States, its external revenues increased by 440 % to 5.6 billion yuan during the first six months of the year.

Pop Mart expects the total number of foreign stores to exceed 200 by the end of the year, an increase of 140, the operating employee participating in Moon Duk II, the profit call. His colleague, SEO CD, said that the expansion of the store will remain quickly in the United States market the following year to two years.

“We believe that the powerful Pop Mart capacity in the IP nursery and its operation and expansion will continue to support the momentum of strong growth” in the second half, Citigroup, including Lydia Ling.

Others took a more careful vision. Jeff Chang, Mooringstar Inc. said. , “He still sees high uncertainty over long -term popularity,” that the major intellectual property of Pop Mart, including her Labubu dolls, “still sees very uncertainty about long -term popularity.”

The growth of net stores on the main mainland will not exceed 10 this year, according to the call on Wednesday, as the company wants to focus on improving the operations of each store that exists instead of expanding strongly.

Labubus is partially popular with the company’s BlindBox’s packaging approach to many of its products, which is a clouds for customers interested in what is inside. Monsters revenues, the series of games that include Labubu, reached 4.81 billion yuan, compared to 626.8 million yuan for the same period last year.

Pop Mart will continue to expand its global scope by creating internet channels in the main landmarks, intensifying investment on its website and its self -developed applications, and aims to cooperate with more international brands and artists, according to the profits statement.