Core Insights - The opening of the first store in the Middle East at Hamad International Airport in Doha marks a significant expansion for Pop Mart, being the first 24/7 operational store globally, aimed at providing warmth and companionship to travelers [1][2] - The store's location is strategic, situated in a high-traffic area of an airport recognized as the best globally in 2024, with a transit passenger rate of 74% [1] - The store features a travel-exclusive product line, "Starry People Wonderful Journey Series," designed to cater to travelers' needs, including items like card holders and plush toys [1] Expansion Strategy - The Middle East store is part of Pop Mart's global expansion strategy, which includes establishing regional headquarters and opening stores in key locations such as the UK and Indonesia [2] - As of June 30, Pop Mart operates 571 stores across 18 countries, with a net increase of 40 physical stores and 105 robot stores in the first half of the year [2] Financial Performance - Pop Mart's global business has become a key growth driver, with significant revenue increases across all regions in the first half of 2025, including a 135.2% increase in China and a staggering 1142.3% increase in the Americas [3] - The company reported a projected revenue growth of 245%-250% for Q3 2024, with overseas revenue expected to grow by 365%-370% [3] Market Trends - The opening of the Middle East store reflects Pop Mart's exploration of new tourism consumption scenarios, with a focus on travel retail as a core direction for global expansion [4] - The brand's products are increasingly becoming popular as "travel souvenirs," with recent openings in various tourist hotspots enhancing their visibility and appeal [4]

Core Insights - Pop Mart has officially opened its first store in the Middle East at Hamad International Airport in Doha, Qatar, marking its first 24/7 operational store globally [2] - The store features a design that incorporates Middle Eastern architectural elements and covers an area of approximately 100 square meters [2] - A travel-exclusive product line called "Starry People Wonderful Journey Series" has been launched, including items like card holders, U-shaped plush toys, and portable storage bags, along with a limited-edition blanket as a gift [2] - The COO of Pop Mart International Group highlighted the cultural richness and youthful consumer power of the Middle East, positioning the store as a space for cultural exchange and emotional connection [2] - As of now, Pop Mart has opened over 570 physical stores worldwide, with its IP products becoming increasingly popular as travel souvenirs among global tourists [2]

Core Insights - Pop Mart has opened its first 24-hour store in the Middle East at Hamad International Airport in Doha, Qatar, marking its first global store operating 24/7 [1] - The store features a design that incorporates Middle Eastern architectural elements and covers an area of approximately 100 square meters [1] - A travel-exclusive product line called "Starry People Wonderful Journey Series" has been launched, including items like card holders, U-shaped travel pillows, and portable storage bags, along with a limited-edition blanket as a gift [1] - The COO of Pop Mart International Group emphasized the cultural richness and youthful consumer base in the Middle East, positioning the store as a space for cultural exchange and emotional connection [1] - Pop Mart has over 570 physical stores globally, with its IP products becoming popular as travel souvenirs among tourists [1]

Core Insights - The opening of the first store in the Middle East at Hamad International Airport in Doha marks a significant milestone for Pop Mart, being the first 24/7 operational store globally, aimed at providing warmth and companionship to travelers from around the world [1][2] Group 1: Store Features and Offerings - The Doha store is strategically located in the airport's security area near gate C18, covering approximately 100 square meters, and incorporates Middle Eastern architectural elements in its design [2] - A travel-exclusive product line, "Starry People’s Wonderful Journey Series," was launched at the Doha store, featuring items like card holders, U-shaped plush toys, portable storage bags, and crossbody bags, designed to enhance the travel experience [2] - A Qatar-exclusive blanket, featuring traditional patterns and colors, is offered as a gift with purchase, merging local culture with practicality [2] Group 2: Market Strategy and Expansion - The opening of the Middle East store is part of Pop Mart's broader strategy to explore new travel consumption scenarios and deepen its global market presence, particularly in travel retail [3] - The Middle East market is identified as having significant growth potential due to its unique regional position and hub advantages, with plans for further expansion into major tourist cities and airports worldwide [3] - As of now, Pop Mart has over 570 physical stores globally, with recent openings in Bali, Vietnam, France, and Singapore, which have become popular tourist destinations [3] Group 3: Brand Vision - Pop Mart is committed to enhancing the shopping experience by focusing on joy and beauty, with plans to continue expanding into iconic global landmarks and tourist attractions [4]