Labubu maker sees sales soar after launch of mini version of toy

Pop Mart, the renowned Chinese toy manufacturer behind the wildly popular Labubu dolls, has reported a significant surge in sales following the August release of its mini Labubu series. The company’s global revenue for the quarter ending September soared by approximately 250% compared to the same period last year. This remarkable growth was fueled by a dramatic increase in international sales, with revenue in the United States skyrocketing by over 1,200% and European sales climbing by more than 700%.