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$POP MART(09992)$ is certainly an amazing story of the rise of a toy company from a single store in Beijing to a global empire for its founder Wang Ning.
Now that Duan Yong Ping, China's Warren Buffett has endorsed Pop Mart, I believe it would continue to rise. With more than 10,000 stores worldwide, it would continue to grow exponentially.
Pop Mart's success can be attributed to its Blind Box where unknown surprises and addiction to collection is a big draw for Generation Z and Millennials.
Pop Mart's phenomenal success is also reflected in its earnings report with an annual revenue of RMB 37.12 billion , up 184.7%. Net profit has jumped 284.5% to RMB 13.08 billion.
Pop Mart's overseas business showed great success with annual revenue jumping 292% to RMB 16.268 billion.
Pop Mart is certainly a stock worthy to buy and hold long term.
@Tiger_comments @TigerStars @Tiger_SG @TigerClub @CaptainTiger
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