TechFlow news, on June 10, according to the First Financial Daily, the world's only mint-colored LABUBU was sold for 1.08 million yuan at the Poly Auction 2025 Spring Auction. In the same auction, a brown LABUBU limited to 15 editions also sold for 820,000 yuan. As LABUBU continues to gain mainstream popularity, Pop Mart's stock price has surged over tenfold since February 2024, reaching a current market capitalization of HK$347.6 billion. Multiple foreign institutions, including Deutsche Bank and JPMorgan, have expressed optimism and raised their target prices. In 2024, Pop Mart achieved revenue of 13.04 billion yuan, a year-on-year increase of 106.9%, while its adjusted net profit rose 185.9% year-on-year.
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