From pop concerts to plush toys, Damai expands its ecosystem
The ticketing company benefited from soaring concert sales last year, almost doubling its profit, and is also pivoting towards pop-culture merchandise Key Takeaways: Damai Entertainment has predicted its annual net…
Building AI playmates: How multi-agent systems are bringing toys to life
AI toys are evolving from chatbots in plastic shells into intelligent playmates with memory, personality and emotional awareness, redefining how children interact, learn and connect By CLS Marketwatch As…
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…
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…
Ninja Turtles slowdown breaks Playmates two-year winning streak
The storied Hong Kong toymaker said its revenues and profit before income tax fell by 16% and 32% last year, respectively Key Takeaways: Playmates Toys said its revenue and profit…
Miniso rings up dividend policy to lure investors
The Chinese budget lifestyle retailer will pay out 50% or more of its profits as a regular dividend, though the company has lost money in three of the last four…
Pop Mart Takes Its Trendy Toy Story on Global Roadshow
The maker of popular collectible toys sold from ‘blind boxes’ has moved into Europe with the opening of a store in London Key takeaways: Pop Mart has moved into Europe…