Wang Ning is back at the Pop Mart earnings meeting, promoting products! The World Cup collaboration plush toy takes the center stage.

MaticHoleFiller · 2026-04-07T01:52:49+00:00

Special Topic: Pop Mart 2025 Annual Performance ConferenceThe Pop Mart 2025 Annual Performance Conference was held on March 25, 2026. In 2025, Pop Mart achieved revenue of 37.12 billion yuan, a year-on-year increase of 184.7%, and an adjusted net profit of 13.08 billion yuan, up 284.5% year-on-year. The LABUBU family’s revenue broke through 10 billion yuan for the first time, with 6 IPs generating over 2 billion yuan each, and 17 IPs exceeding 100 million yuan in revenue.It is worth noting that at this performance conference, the Labubu co-branded with the World Cup took center stage. At last year’s performance conference, Wang Ning first revealed the mini version of the Labubu product.

MaticHoleFiller

2026-04-07 01:52:49

Special Topic: Pop Mart 2025 Annual Results Conference

Pop Mart’s 2025 annual results conference was held on March 25, 2026. In 2025, Pop Mart’s revenue was 37.12 billion yuan, up 184.7% year over year, and adjusted net profit was 13.08 billion yuan, up 284.5% year over year. The LABUBU family’s revenue首次突破10B, 6 IPs each exceeded 2 billion yuan in revenue, and 17 IPs each generated over 10B yuan.

Notably, at this year’s results conference, Labubu—which has a tie-in with the FIFA World Cup—took center stage. And at last year’s results conference, Wang Ning first disclosed to the public the mini version of the Labubu product.

Yesterday (March 24), Pop Mart’s official account posted that “‌THE MONSTERS × FIFA Series” is about to be unveiled. This is the Labubu World Cup collectible toy series that Pop Mart has launched in partnership with the international football federation (FIFA). The core of this collaboration is‌ THE MONSTERS, with the hot IP Labubu as the protagonist.‌ Judging from the physical items that have already been revealed on social media, Labubu will transform into a football youngster,‌ holding a golden Hercules cup‌ in its hands. In addition, it may also develop‌ World Cup-themed merchandise‌ in parallel.

Sina Statement: All meeting transcripts are compiled from on-site fast notes. They have not been reviewed by the speakers. Sina.com publishes this article for the purpose of conveying more information, and does not mean to endorse its viewpoints or confirm the descriptions.

Endless information and precise analysis are available in the Sina Finance APP

Editor-in-charge: Liang Bin SF055

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes