Pop Mart shares soar 11% as CEO announces new mini Labubu
China Decoded: China’s Cultural IP Goes Global
(This article has been updated with the latest news and is a republication of the August 8th edition.)
Shares of Pop Mart International soared by up to 11% after CEO Wang Ning projected the company would easily beat its annual sales target, fueled by the runaway global success of its Labubu toy series. During the recent earnings call, Wang revealed that …
