Strong toy sales drive double-digit revenue, profit growth at Bloks
Toymaker Bloks Group Ltd. (0325.HK) announced on Wednesday its revenue rose 32.7% year-over-year to 1.78 billion yuan ($263 million) in the first half of this year, while its profit climbed…
Involution in China consumer market sparks new ‘Races to the bottom’
"This seems like involution taken to a new level, as it's one of the first cases we've seen of a company taking a major step that's almost certain to undermine…
Bloks Group’s super-sized profit shows its toys aren’t just child’s play
The toymaker’s 634 million yuan profit for 2025 reversed losses in the previous four years, but its new, ultra-low-priced segment is dragging down margins Key Takeaways: Bloks Group swung to…
Turtle tempest: Can Playmates Toys fight back after losing its prize Ninjas?
The toymaker will end its exclusive 37-year agreement to make products based on Teenage Mutant Ninja Turtles at the end of 2026 Key Takeaways: Playmates will soon lose its exclusive…
Here Group challenges Labubu with Wakuku
The former adult education company has transformed to a pop toy maker, reporting its revenue from that business rose sharply in its latest quarter Key Takeaways: Here Group’s revenue nearly…
VIDEO BRIEF: Toys for grown-ups, inside China’s $15 billion collectible toy boom
Last year alone, collectors worldwide spent nearly 2 billion US dollars on blind boxes from Chinese collectible toy sensation POP MART. That fueled a sales explosion that lit a fire…
Game time for another IPO hopeful in China’s booming toy market
A maker of collectible figurines, 52Toys, is lining up to test investor enthusiasm for play-related stocks after the runaway success of Pop Mart Key Takeaways: 52Toys has posted losses for…
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