8月20日，泡泡玛特2025年中期业绩发布会在香港举行。 泡泡玛特首席运营官（COO）兼中国区业务总裁司德表示，美国市场虽然增长速度很快，但其实还有 很大的发展空间。 从开店速度来说，不会更加速。"因为我们既然生意已经这么好了，就可以有更好的耐心去开更好的 店，所以开店的数量不会有一个明显的加速，但一定会坚持一个更好的开店质量。" 他透露，从明年起，会陆续在美国几个大的城市，在非常好的位置推出旗舰店， 另外，从战略上来说，司德指出，泡泡玛特还是核心聚焦整个美国市场，同时用比较慢的速度去探索其 他拉美市场的空间，可能还是以线上为主。 责任编辑：李昂 ...

目前，泡泡玛特海外门店共有140家，预计年底海外会超过200家门店。2025上半年，泡泡玛特中国营收 82.8亿元，同比增长135.2%；亚太营收28.5亿元，同比增长257.8%；美洲营收22.6亿元，同比增长 1142.3%；欧洲及其他地区营收4.8亿元，同比增长729.2%。四大区域业绩均实现超三位数增长，美洲增 速超十倍。（闫妍） 新浪科技讯 8月20日上午消息，泡泡玛特召开2025中期业绩发布会，联席首席运营官文德一表示，"未 来泡泡玛特将聚焦中东、南亚、中南美及俄罗斯等国家和地区，为泡泡玛特打开更多增长空间。同时， 将继续在法国巴黎、澳大利亚悉尼、意大利米兰、美国纽约等核心城市推进旗舰店及旅游零售门店的布 局，打造具有高影响力的标杆门店，比如计划在卡塔尔多哈机场开出中东市场第一家门店。" ...

Core Viewpoint - The company is optimistic about the upcoming release of the mini version of Labubu, believing it will become a popular product [1] Group 1: Product Development - The mini version of Labubu is expected to be a hit, with the company expressing confidence in its potential success [1] - The current trend shows that consumers are attaching Labubu to bags, and the company anticipates that in the future, it will also be attached to mobile phones [1] Group 2: Revenue Insights - The revenue from LABUBU's segment, THE MONSTERS, reached 4.81 billion yuan, accounting for 34.7% of the company's total revenue [1] - The company does not view the significant revenue contribution from a single IP as unhealthy, indicating a strategy focused on developing more original IPs [1]

Core Insights - The CEO of Pop Mart, Wang Ning, expressed that having a single IP account for a large portion of the company's revenue is not unhealthy, indicating that more original IPs can demonstrate the company as a relatively healthy platform for IPs [1] Revenue Breakdown - The revenue from LABUBU, part of THE MONSTERS, reached 4.81 billion yuan, which constitutes 34.7% of the company's total revenue [1]

Core Insights - The founder of Pop Mart, Wang Ning, announced the upcoming release of a Mini version of LABUBU that can be attached to mobile phones, expanding its usage scenarios beyond just bags [1] Company Developments - The Mini LABUBU is set to be launched this week, indicating a strategic move to enhance product versatility and appeal to a broader audience [1]

人民财讯8月20日电，8月20日，泡泡玛特召开2025年中期业绩发布会，创始人王宁在会上表示，集团取 得了有史以来最好的业绩，预计全年营收不低于300亿元，相比数据自己更关注集团增长的健康度，更 关注大数据增长背后的小数字。 8月19日，泡泡玛特发布2025年半年报，财报显示，上半年泡泡玛特营收138.8亿元，同比增长204.4%， 经调整净利润47.1亿元，同比增长362.8%。 ...

（文章来源：第一财经） 8月20日，泡泡玛特创始人王宁表示，今年是希望营收能够做到200亿，但是感觉今年应该300亿也很轻 松。虽然业绩的增长是非常重要，但是对于整个公司来讲，健康度也很重要。 ...

Core Insights - The core viewpoint of the article highlights the impressive financial performance of Pop Mart International Group in the first half of 2025, showcasing significant revenue and profit growth driven by its strong IP portfolio [1][2]. Financial Performance - In the first half of 2025, Pop Mart reported revenue of 13.88 billion RMB, a year-on-year increase of 204.4%, and an adjusted net profit of 4.71 billion RMB, up 362.8% [1]. - The company's IP-driven strategy has led to substantial revenue contributions from its key IPs, with LABUBU's THE MONSTERS generating 4.81 billion RMB, accounting for 34.7% of total revenue and showing a remarkable growth of 668.0% [2]. IP Portfolio and Revenue Breakdown - The five major IPs, including THE MONSTERS, MOLLY, SKULLPANDA, CRYBABY, and DIMOO, each surpassed 1 billion RMB in revenue, with CRYBABY achieving a growth rate of 248.7% [1][2]. - The revenue breakdown by product category shows plush toys generating 6.14 billion RMB (up 1276.2%), figures for figurines at 5.18 billion RMB (up 94.8%), and MEGA products at 1.01 billion RMB (up 71.8%) [2]. Global Expansion - Pop Mart has continued its global expansion by opening flagship stores in key locations such as Cambridge, UK, and Bali, Indonesia, bringing the total number of stores worldwide to 571 across 18 countries [3]. - The online channel in the Chinese market has also seen significant growth, achieving revenue of 2.94 billion RMB, a year-on-year increase of 212.2% [3].

Core Viewpoint - The founder of Pop Mart, Wang Ning, expressed confidence in achieving significant revenue growth, initially targeting 50% growth but now optimistic about reaching 30 billion RMB in revenue this year, up from 10 billion RMB last year [1] Group 1 - The company had a revenue of 10 billion RMB last year and aims for 30 billion RMB this year, indicating a substantial increase [1] - Wang Ning's initial target for growth was 50%, but the current sentiment suggests that achieving 30 billion RMB in revenue is easily attainable [1]

Core Insights - Pop Mart held its mid-year performance conference for 2025 in Hong Kong on August 20 [1] - Founder Wang Ning teased the upcoming release of a mini version of LABUBU, expected to be launched this week [1] - Wang expressed confidence that the mini LABUBU will become a highly popular product, potentially becoming a "super hit" [1]