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Pop Mart's revenue slows down, up 75% in the first quarter
May 13, 2026
Pop Mart revenue slows, first quarter up 75%
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Pop Mart (09992) announced after the market close yesterday that the overall revenue for the first quarter this year increased by 75% year-on-year to 80%, with the growth rate slowing compared to last year, reflecting the cooling of the popular Labubu doll craze. Pop Mart closed at HKD 162.9 yesterday, down 2.7%, with a turnover of HKD 3.32B.
China revenue still doubles, ADR soars by 10% The stock’s ADR performed well on Tuesday, early trading at an equivalent of HKD 180.6, up as much as 10% from the Hong Kong closing price. By market segmentation, …
(Excerpt)