POP MART's Wang Ning: During May and June, we were trending every day, and I estimate that the net growth of domestic stores this year will not exceed 10

Zhitong
2025.08.20 02:39

POP MART founder Wang Ning stated that in the first half of the year, POP MART further expanded its reach, trending daily on hot searches in May and June, with Labubu also receiving widespread popularity. During a period when the POP MART brand momentum is very strong, the company did not aggressively open new stores. Wang Ning expects that the net growth of domestic stores this year will not exceed ten. He emphasized the hope to minimize the increase in domestic stores but to improve each store's performance