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China's Pop Mart, maker of the Labubu doll, says profit soars nearly 400% in first half

Pop Mart's Labubu dolls accounted for 35% of interim sales as overseas revenue soared fivefold, driven by strong demand and rapid global expansion, the company reported.

  • Pop Mart's revenues grew 204 percent, and net profits increased 362 percent in the first half of 2025, according to the company's financial report.
  • The Monsters franchise generated over 4.81 billion RMB in revenue, marking a 668 percent increase compared to last year, as reported by Pop Mart.
  • The company's revenue from plush products grew over 1200 percent to 6.13 billion RMB , accounting for 44 percent of total revenues, as stated in Pop Mart's report.
  • Revenue in the Americas rose more than 1100 percent to 2.26 billion RMB , making it Pop Mart's fastest growing region, according to their financial data.
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Business Times broke the news in on Tuesday, August 19, 2025.
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