Beijing may have warned against "blind box" toys, but analysts are betting that Pop Mart International — the company behind Labubu dolls — will remain one of China's hottest consumer brands this year.
Mania over "blind box" shopping is catching on across the Chinese economy with everyone from travel agents to supermarkets offering their own versions. Gifts are packaged in such a way that buyers don ...
Analysts say the fears of regulatory headwinds are overblown as Gen Zers and millennials, rather than young children, are Pop Mart's main consumer demographic. Local peers that focus on minors, on the ...