Photograph of Pop Mart vending machine in Melbourne, Victoria
Traded as
HKG:9992
Industry
Toy industry
Founder
Wang Ning
Headquarters
Beijing
,
China
Area served
Global
Total equity
25.092B (2023)
Pop Mart is a Chinese toy company listed on the Hong Kong stock exchange.
The company is known for selling collectable 'designer' toys, often sold in a 'blind box' format.[1][2]
The Financial Times has described the company as having "elevated toy-buying to an act of trendy connoisseurship among China’s young affluent consumers",[3] and as having been 'credited with creating the market for so-called designer toys'.[2]
Around half of its sales are made at physical outlets, with the rest finished online.[4] The company additionally operates a social media and toy-trading app as part of its marketing strategy.[5] Its toys are known for selling to collectors on the second-hand market; venture capital firms have been known to invest in its second-hand products.[6]
^Langley, William (2022-05-04). "Pop Mart: toymaker behind China's collectibles craze looks to the west". Financial Times. Retrieved 2023-07-11. The company is known for its trademark "blind boxes", which contain an unidentified character and sell for Rmb59-Rmb69 each.
^ abLangley, William (2022-05-04). "Pop Mart: toymaker behind China's collectibles craze looks to the west". Financial Times. Retrieved 2023-07-11. Launched in 2010, Pop Mart has been credited with creating the market for so-called designer toys and last year made gross profits of Rmb2.8bn ($424mn). The company has 288 outlets and more than 1,800 vending machines known as "roboshops" in China and earned Rmb4.5bn in revenue last year.
^Langley, William (2022-05-04). "Pop Mart: toymaker behind China's collectibles craze looks to the west". Financial Times. Retrieved 2023-07-11. Pop Mart has elevated toy-buying to an act of trendy connoisseurship among China's young affluent consumers. Now it wants to emulate fellow domestic brands such as social media platform TikTok and online fashion retailer Shein by capturing the attention of western consumers.
^Langley, William (2022-05-04). "Pop Mart: toymaker behind China's collectibles craze looks to the west". Financial Times. Retrieved 2023-07-11. About half of its revenue comes from its shops and vending machines, with most of the rest coming from online sales.
^Langley, William (2022-05-04). "Pop Mart: toymaker behind China's collectibles craze looks to the west". Financial Times. Retrieved 2023-07-11. Pop Mart spawned a frenzied market for its toys by successfully navigating China's powerful but fickle youth culture trends, even launching a social media and toy-trading app where toy hunters can show off their latest hauls and swap tips on the newest trends.
^Langley, William (2022-05-04). "Pop Mart: toymaker behind China's collectibles craze looks to the west". Financial Times. Retrieved 2023-07-11. Some of the most desirable smaller Pop Mart toys often sell to avid collectors for Rmb1,000 or more on the second-hand market, a space that has seen investment from prominent venture capital groups including Sequoia.
PopMart is a Chinese toy company listed on the Hong Kong stock exchange. The company is known for selling collectable 'designer' toys, often sold in a...
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instead of a machine. One brand that does blind boxes is Chinese toy brand PopMart, which does designer toys, is very popular with teenagers and young adults...
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Baby! U2 Live from Mexico City. A second version from the PopMart Tour was featured on Please: PopHeart Live EP, and later on the U.S. "Please" single. A...
"I Will Follow", "Twilight", and "Bullet the Blue Sky". Since the 1997 PopMart Tour, Clayton has not sung live in any capacity for the band. Clayton has...
author, known as the lead vocalist of the indie pop band Japanese Breakfast. Her 2021 memoir, Crying in H Mart, spent 60 weeks on The New York Times hardcover...
Eugene Was Cold, But Once The Band Warmed Up, The Fifth Concert In The 'PopMart Tour' Was Hot | Seattle Times Newspaper". community.seattletimes.nwsource...
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