Labobo, a plush toy doll, is hanging handsbags all over the world. And like the monster accessories have helped their parents’ company revenue in the Sky Circuit.
Pop martA character -based entertainment company and Tomaker reported 400 % First half net profit This week On a call With analysts on Wednesday, 38 -year -old CEO Wang Ning said the company could reach 30 billion yuan ($ 4.18 billion) this year, which is “simple” this year.
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According to the company, the Libo brand is part of the Pop Mart’s Monster Series, which earned approximately $ 670 million in the first half of 2025. Ning said on the call that by the end of the year, the series should be more than $ 1 billion. As per the year, the year by 688 % increases New York Times. On the other hand, Wired Notifications that were to Libo More sales More than Metal’s Barbie and Hot Wheel.
In Denmark’s Copenhagen on August 07, 2025, two Libo plush bags on the LV bag shown during the Copenhagen Fashion Week. Edward Bertelot/Getty Images
Pop Mart is also planning to open 10 new locations in the United States by the end of the year, where he currently has 40 staff storesIts CEO said on Wednesday, and a mini -labo for cell phones, which will be launched this week.
The company is popular in China More than 40 million To collect “members”, and even in that Self -amusement park. It also has other lines of toys, including Demo, Molly and Skilpanda. But these are toys Monster Series of books, created by Long tall tall tall tall tall tah lol tall tah lol tah lolIt started globally. On Its websitePop Mart says Libo “is a small monster that has high, nauseous ears and serothed teeth,” which is part of the series, which is influenced by Nordic fiction.
Who founded the pop Mart?
Pop Mart was founded by its CEO Ning in 2010. The company arrived in Hong Kong in 2020.
Forbes reports Ning’s total value is about $ 26 billion.
How much is Libo?
On the pop -mart’s website, toys sold for about $ 20 Over $ 900. There are also kichains and accessories Sold in the lower. If you can get one too, that is.
Toys are sold during special drops, and buyers often wait in long lines at stores. This is partly due to the company being viral “Blind Box“Packaging method, a gentle -like experience where you don’t know what role do you get until you open the box.
Plush toys gained popularity On the tacotokAnd Users call Doll “cute and cheap.” But viral success happened when the famous pop group, Lisa, belonging to Black Pink began Posting about them On Instagram in 2024.
Even the fakes have a name: “Lafovo.”
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