Company Overview & Strategy - Pop Mart's blind box toys, like the Labubu Doll, have gained global popularity [1] - The company's branding strategy avoids overt Chinese associations, potentially aiding international success [1][2] - Pop Mart's success is being examined for lessons applicable to other Chinese companies facing trade challenges [3] Financial Performance & Market Resilience - Pop Mart's sales more than doubled in 2024 [2] - The company's stock has increased by 250% since its late 2020 IPO [2] - The stock is up more than 40% this year [2] - Demand for Pop Mart's dolls is considered inelastic, making it potentially recession and tariff-proof [3]