Pop Mart, the toy company behind the popular Labubu doll, has announced record half-year profits, with net earnings soaring nearly 400% amid strong global demand. Chief executive Wang Ning expressed confidence in reaching a revenue target of 20 billion yuan in 2025, and suggested that 30 billion yuan in revenue this year is also achievable. The company is actively expanding into new international markets, including the Middle East, Central Europe, and Central and South America, while planning rapid store openings in the United States. Pop Mart continues to innovate with new product launches, such as a mini Labubu for phones, and is exploring opportunities in entertainment, including animated films and theme park attractions.