Pop Mart’s bubble bursts with fading Labubu craze
The company’s third-quarter revenue plunged between 45% and 50%, led by drops of more than 65% in its Asia Pacific and Americas markets Key Takeaways: Pop Mart’s third-quarter revenue fell…
Miniso’s Yoyo IP crosses 1 billion yuan GMV milestone in 2026
Lifestyle retailer Miniso Group Holding Ltd. (MNSO.US; 9896.HK) said on Thursday that its gross merchandise volume (GMV) for products based on its Yoyo intellectual property (IP) surpassed 1 billion yuan…
Pop Mart’s second-half growth target looks difficult, sparking share selloff
Collectible toy brand Pop Mart International Group Ltd. (9992.HK) on Thursday reported its revenue rose 23.8% year-over-year to 17.17 billion yuan ($2.55 billion) in the first half of the year,…
Strong toy sales drive double-digit revenue, profit growth at Bloks
Toymaker Bloks Group Ltd. (0325.HK) announced on Wednesday its revenue rose 32.7% year-over-year to 1.78 billion yuan ($263 million) in the first half of this year, while its profit climbed…
Chinese ‘Easter Eggs’ fall back to earth after wild year on Wall Street
Shares of Here Group, Zepp Health, Burning Rock Biotech and So-Young International all posted meteoric gains last year, but have given most of that back in 2026 Key Takeaways: A…
Bloks Group’s super-sized profit shows its toys aren’t just child’s play
The toymaker’s 634 million yuan profit for 2025 reversed losses in the previous four years, but its new, ultra-low-priced segment is dragging down margins Key Takeaways: Bloks Group swung to…
Sunny & Sandy joins queue of toymakers aiming to emulate Pop Mart
With revenue growth of 134% in the first nine months of 2025, the company’s Hong Kong IPO could raise over $100 million Key Takeaways: Sunny & Sandy has filed to…
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