POP MART Leaps 3%+ at Midday; Non-Labubu Products Account for ~50% of US Revenue Last Yr
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POP MART shares rose 3.44% as COO Si De clarified that non-Labubu products accounted for ~50% of US revenue last year, with majority sales in Japan, South Korea, and Southeast Asia. This marks the first disclosure of US revenue breakdown. The company highlighted strong growth in other IPs like Twinkle Twinkle and plans to increase overseas staff to 50% of its workforce, aiming to replicate domestic success globally.
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