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…
52Toys taps China’s designer toy boom in play for Hong Kong IPO
As China’s collectible toy market surges, the company is hoping to fund an aggressive expansion and build iconic IPs with a new listing Key Takeaways: 52Toys has hired investment banks…
Pop Mart’s ‘blind box’ toys attract fans, detractors
A week after announcing strong interim results, the company came under a veiled attack from state media for the addictive nature of its collectible toys Key Takeaways: Pop Mart’s revenue…
FAST NEWS: Pop Mart profit surges on overseas expansion
The Latest: “Blind box” collectible toy seller Pop Mart International Group Ltd. (9992.HK) said on Thursday it expects to report its revenue rose 55% or more in the first half of…
Pop Mart steps up overseas drive with British acquisition
The collectible toy seller’s acquisition of Mogic Ltd. could be followed by more, similar deals, drawing on the company’s $700 million cash pile Key Takeaways: Pop Mart announced it has…
Collectible Toy Maker Pop Mart Falls Out of Favor
The company that shot to success selling trendy toys from ‘blind boxes’ said its revenue fell 5% to 10% in the third quarter, reversing several years of explosive growth Key…
Pop Retailer Miniso Sees Riches in Vending Machines, ‘Blind Boxes’
Company rolls out its first vending machines in Singapore, following rival Pop Mart into lucrative niche for trendy collectible toys Key points: Miniso is moving into sales using vending machines…
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