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Benzinga
Benzinga
Business
Namrata Sen

Mattel's Barbie Under Strain As Pop Mart's Labubu Charts Path To Billion-Dollar Toy Empire By 2025 End

Bangkok,,Thai,,Art,Toys,Labubu,Key,Chain,Collection,From,Pop

Mattel Inc.‘s (NASDAQ:MAT) Barbie and Hot Wheels brace for tough competition as Pop Mart‘s Labubu toy brand, is on track to become a four billion-dollar business by the end of the year.

Pop Mart Net Profit Surges 396% on Labubu Craze

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