Pop Mart

New Business

From toys to trading cards, China’s ‘goods economy’ fills emotional voids, opens wallets

Zhu Zuoyi generally keeps her daily expenses tightly in check and spends less than 20 yuan (US$2.74) on most meals,…

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New Business

Pop Mart’s Labubu: From Blackpink fave to fading frenzy for Chinese toy firm

A frenzy over Pop Mart’s Labubu, a toothy but adorable toy creature beloved by millions of Asian fans including a…

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New Business

How ‘made in China’ became trendy, thanks to Labubu toy’s Asia-wide success

What was the hottest toy in Asia this year? For many, the answer is a quirky, rubber-coated plush character with…

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New Business

Chinese toymaker Pop Mart’s 370% surge fuelled by blind box collectibles

In a Vanity Fair video last month, Lisa, a member of mega K-pop band Blackpink, shared her obsession with toys…

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New Business

From blind box toys to snacks, Chinese venture capital firm finds growth in niche spending

Chinese consumer spending is so weak that even Starbucks is considering selling a stake in its China franchise, but one…

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