A Pop Mart shop in Shanghai. The company’s net profit last year represented a fourfold increase over that of 2018. Photo: Getty Images
Chinese toymaker surpasses makers of Barbie, Transformers and Hello Kitty in value after solid Hong Kong IPO
- Beijing-based Pop Mart raised HK$5.02 billion through the sale of 135.7 million new shares at top end of guidance
- Company to use IPO proceeds to expand distribution channels, intellectual property rights pool
A Pop Mart shop in Shanghai. The company’s net profit last year represented a fourfold increase over that of 2018. Photo: Getty Images
