Kayou rides collectible toy boom to Hong Kong IPO
The maker of animation-themed trading cards and collectible toys has filed to list in Hong Kong, hoping to lure investors with its strong position in the high-margin business Key Takeaways:…
FAST NEWS: Pop Mart profit soars on overseas sales surge
The latest: “Blind box” collectible toy seller Pop Mart International Group Ltd. (9992.HK) announced Tuesday its net profit for the first half of 2023 jumped 42.3% year-on-year to 477 million yuan ($66 million).…
FAST NEWS: Pop Mart profit soars on cost cuts, interest income
The latest: “Blind box” collectible toy seller Pop Mart International Group Ltd. (9992.HK) said on Wednesday it expects to report its revenue rose 18% or more in the first half of the…
Pop Mart steps up overseas drive with British acquisition
The collectible toy seller’s acquisition of Mogic Ltd. could be followed by more, similar deals, drawing on the company’s $700 million cash pile Key Takeaways: Pop Mart announced it has…
FAST NEWS: Toy Seller Pop Mart’s overseas revenue soars in first quarter
The latest: Pop Mart International Group Ltd. (9992.HK), a seller of “blind box” collectible toys, announced Wednesday its revenue was flat to up 5% year-on-year in the first quarter, including a 5%…
Collectible Toy Maker Pop Mart Falls Out of Favor
The company that shot to success selling trendy toys from ‘blind boxes’ said its revenue fell 5% to 10% in the third quarter, reversing several years of explosive growth Key…
Vending Machine Leader Ubox Spits Out Big Losses During Pandemic
The company backed by Ant Financial has filed for a Hong Kong IPO, despite logging nearly 1.4 billion yuan in losses over the past two years due to pandemic-related disruptions…