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Pop Mart hit $1.8b revenue in 2024, up 106.9% from 2023

Pop Mart, a Chinese toy and collectible company, reported a revenue of 13.04 billion yuan (around US$1.8 billion) for 2024.

This figure represents a 106.9% increase compared to the previous year.

The company’s net profit reached 3.4 billion yuan (around US$468 million) in the same year, reflecting a year-on-year increase of 185.9%.

Revenue from markets outside mainland China – including Hong Kong, Macao, and Taiwan – totaled 5.07 billion yuan (around US$698 million).

This figure marks a growth of 375.2%, as sales outside mainland China comprised 38.9% of Pop Mart’s total revenue for the year.

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