Pop Mart company’s CEO Van Nin announced the production of small Labubu toys that can be attached to phones. This was reported by Zamin.uz.
This news was covered by the Pravilamag publication. According to Van Nin, this product will soon become widely popular and achieve great success.
After the announcement, the company’s shares increased by 12 percent. According to the Pop Mart CEO, the Labubu manufacturer could double its profit in 2025, reaching 4.2 billion dollars.
Additionally, demand for this product is high in the Russian market as well, with customers spending 1.5 billion rubles on Labubu and Wildberries brands alone in the first half of 2025. This figure indicates an increase in the company’s market share and interest in the product.
Pop Mart aims to strengthen its position in the global market through the production of new toys. The success of this new product is expected to have a positive impact on the company’s future development.
