A Shanghai-based maker of “blind box” figurines made $1.8 billion last year—and continues to grow across the world.

When entrepreneur Ye Guofu founded his chain of Miniso (NYSE:MNSO) (9896.HK)novelty stores in 2013, he took his inspiration from two Japanese retailers, discount chain Daiso, and fast fashion retailer ...

Pop Mart has struck it rich. The Chinese company that caters to toy connoisseurs and influencers said this week that it expects its profit for the first six months of this year to jump by at least 350 ...

China's growing AI toy industry is now worth $4 billion. Long a dominant toy manufacturer, China is increasingly incorporating AI into the products as the Xi Jinping administration pushes companies ...

China's designer toy industry has seen remarkable growth in recent years. China's pop toy market grew from 22.9 billion yuan in 2020 to 76.3 billion yuan in 2024, with a compound annual growth rate of ...

Competition is heating up, with Mattel and OpenAI expected to launch a product for kids this year. Kids have always played with and talked to stuffed animals. But now their toys can talk back, thanks ...

Chinese retail brand Miniso plans to spin off its pop-culture collectibles unit and separately list it in Hong Kong, seeking to replicate the success of Labubu maker Pop Mart. Guangzhou-based Miniso ...

In response to its growing focus on toys, Miniso plans to spin off its Top Toy brand and expand its e-commerce presence Chinese retail giant Miniso aims to become a leading player in the designer toy ...