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1.4 billion RMB sold a year, is MINISO’s TOP TOY the next POP MART?

Summary by Dao Insights
Collectible toys and IP collaborations are some of the hottest topics now for consumers and investors alike. The leading toymaker in China, POP MART, released its annual report for 2024 and showed that it had earned 13.04 billion RMB (1.79 billion USD) in 2024, up 106.9% year-on-year (YoY). Revenue outside Mainland China increased 375.2% YoY, weighing 38.9% of the total income. Its market value jumped to over 200 billion HKD (25.71 billion USD) …
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1.4 billion RMB sold a year, is MINISO’s TOP TOY the next POP MART?

Collectible toys and IP collaborations are some of the hottest topics now for consumers and investors alike. The leading toymaker in China, POP MART, released its annual report for 2024 and showed that it had earned 13.04 billion RMB (1.79 billion USD) in 2024, up 106.9% year-on-year (YoY). Revenue outside Mainland China increased 375.2% YoY, weighing 38.9% of the total income. Its market value jumped to over 200 billion HKD (25.71 billion USD) …

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Dao Insights broke the news in on Friday, April 4, 2025.
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