Pop Mart’s second-half growth target looks difficult, sparking share selloff
Collectible toy brand Pop Mart International Group Ltd. (9992.HK) on Thursday reported its revenue rose 23.8% year-over-year to 17.17 billion yuan ($2.55 billion) in the first half of the year,…
After nine lost years, China Literature opens new chapter with AI-IP combo
Once embraced by investors, the Tencent-backed online literature company’s shares now trade at just one-fifth of their peak Key Takeaways: China Literature reported its revenue rose 11% in the first…
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…
Will Top Toy knock Pop Mart off its throne?
China’s third largest pop toy seller, a spinoff of Japanese-style retailer Miniso, has filed for a Hong Kong IPO just five years after its founding Key Takeaways: Miniso spinoff Top…
Mounting challenges take the fun out of Playmates Toys
The once dominant toy maker has struggled since last year, and its downward spiral accelerated in the first half of 2025 Key Takeaways: Playmates Toys reported its revenue plunged nearly…
BRIEF: Pop Mart profit quadruples on overseas growth, popular toys
Leading collectible toy brand Pop Mart International Group Ltd. (9992.HK) announced on Tuesday that its revenue rose 200% or more year-on-year in the first half of this year. It said…
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…
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