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Pop Mart's Q3 2025 revenue surged 250% year-on-year, led by explosive growth in the Americas and strong global demand for Labubu and mini-doll releases.
Pop Mart reported a 250% year-on-year revenue increase in Q3 2025, driven by a 1,265% surge in the Americas and strong global demand, particularly for Labubu and mini-doll releases.
Despite a 28% share price drop from its August peak and analyst concerns over product diversification and resale market risks, the company continues to expand internationally, with over 2,000 global retail points and celebrity partnerships.
While sales momentum remains strong, questions persist about long-term sustainability beyond Labubu.
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Los ingresos del tercer trimestre de 2025 de Pop Mart aumentaron un 250% interanual, liderados por un crecimiento explosivo en las Américas y una fuerte demanda mundial de lanzamientos de Labubu y mini-muñecas.