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Analysts say the fears of regulatory headwinds are overblown as Gen Zers and millennials, rather than young children, are Pop Mart’s main consumer demographic.
China slammed ‘blind box' addiction — but that shouldn't faze Labubu-maker Pop Mart ... Pop Mart sells blind-boxed toys with prices ranging from about 59 yuan to 5,999 yuan.
China slammed ‘blind box' addiction — but that shouldn't faze Labubu-maker Pop Mart ... Pop Mart sells blind-boxed toys with prices ranging from about 59 yuan to 5,999 yuan.
Beijing may have warned against "blind box" toys, but analysts are betting that Pop Mart International — the company behind Labubu dolls — will remain one of China's hottest consumer brands ...