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June 3, 2026
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Merodi debut in Hong Kong shows Pop Mart’s struggle beyond IP darling Labubu

    Merodi debut in Hong Kong shows Pop Mart’s struggle beyond IP darling Labubu

    3 months ago02 mins

    At Pop Mart’s shop in Hong Kong’s bustling Causeway Bay shopping district, a display of the toymaker’s newly launched character, Merodi, drew little attention on Friday morning. “A few people are buying it,” a salesperson said. “It’s not very well known yet.” The new series, Merodi After School, features a mischievous little girl with the…

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    Labubu maker Pop Mart’s rally has largely been driven by improving investor sentiment, according to analysts. Photo: TNS

      Labubu maker Pop Mart rallies as new toy trend and state media spotlight spark confidence

      4 months ago03 mins

      Shares of Labubu maker Pop Mart surged on Friday, extending this week’s gain to 23 per cent, after its CEO appeared in a high-profile state media interview and a newly launched product went viral amid growing investor appetite for consumer stocks. In a documentary interview released by Xinhua news agency at noon, founder and CEO…

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