A Pop Mart shop in Shanghai. The company’s net profit last year represented a fourfold increase over that of 2018. Photo: Getty Images A Pop Mart shop in Shanghai. The company’s net profit last year represented a fourfold increase over that of 2018. Photo: Getty Images
A Pop Mart shop in Shanghai. The company’s net profit last year represented a fourfold increase over that of 2018. Photo: Getty Images
Retailing

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

Topic |   Retailing
A Pop Mart shop in Shanghai. The company’s net profit last year represented a fourfold increase over that of 2018. Photo: Getty Images A Pop Mart shop in Shanghai. The company’s net profit last year represented a fourfold increase over that of 2018. Photo: Getty Images
A Pop Mart shop in Shanghai. The company’s net profit last year represented a fourfold increase over that of 2018. Photo: Getty Images
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