Let’s ‘Eat Goods!’ China’s $23 billion animation derivatives market is no game
The ‘Goods Economy’ became a rare bright spot in China’s consumer market last year, as young buyers spent heavily on animation derivatives like cosplay By Lee Shih Ta China’s…
Pop Mart scores big overseas hit with craze for cute toys
After a rapid expansion, the retailer of blind-box toys can now boast a bigger market value than some Hong Kong blue chips such as Chow Tai Fook, Li Ning and…
PODCAST: Solar Red Ink, and a ‘Blind Box’ Crackdown
A growing number of Chinese solar panel makers are falling into the red due to huge overcapacity and resulting price wars. What's needed to bring the industry back to health? And the Xinhua news agency warns against the addictive nature of 'blind box' collectible toys. Does this signal a new government crackdown ahead?
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…
Kayou rides collectible toy boom to Hong Kong IPO
The maker of animation-themed trading cards and collectible toys has filed to list in Hong Kong, hoping to lure investors with its strong position in the high-margin business Key Takeaways:…
FAST NEWS: Pop Mart profit soars on overseas sales surge
The latest: “Blind box” collectible toy seller Pop Mart International Group Ltd. (9992.HK) announced Tuesday its net profit for the first half of 2023 jumped 42.3% year-on-year to 477 million yuan ($66 million).…