A Shanghai-based maker of “blind box” figurines made $1.8 billion last year—and continues to grow across the world.

Chinese toy maker Pop Mart's shares continued to rally after its 2024 profit nearly tripled and as the craze for collectable toys led to stronger-than-expected guidance from management.

Founded in 2010, POP MART initially focused on trendy toy retail. In 2016, its "‌blind box + IP‌" model became a sensation. IPs like ‌Molly‌ and ‌Labubu‌ quickly captured the hearts of young consumers ...

Pop Mart International Group Ltd expects annual revenue to reach 20 billion yuan ($2.75 billion) in 2025, reflecting a 50 percent year-on-year rise, and anticipates growth in overseas markets to ...