Collectible Toy Maker Pop Mart Falls Out of Favor
Key Takeaways:
Pop Mart said its third-quarter revenue fell between 5% and 10% year-over-year, deteriorating from an already-weak first half of 2022
The company has launched a series of initiatives to jumpstart its growth, including a ramp-up in overseas development, though none have reaped significant success yet
By Trevor Mo
