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Pop Mart's Wang Ning: I don't think it's unhealthy if a single IP's revenue share is particularly large.
Jin10 data reported on August 20, the CEO of Pop Mart, Wang Ning, stated at the earnings release that he does not believe it is unhealthy if one IP accounts for a particularly large share. I think this proportion is actually not that important for us. We believe that each IP has its own characteristics. Pop Mart's financial report shows that in the first half of this year, THE MONSTERS, where LABUBU is located, generated revenue of 4.81 billion yuan, accounting for 34.7%.
IP0.12%