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POP MART to Launch Small Appliance Products on E-commerce Platforms Like JD, Including Electric Kettles/ Coffee Makers/ Others
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POP MART (09992.HK) announced its 2025 results today. During the earnings conference call, Chairman and CEO Wang Ning stated that the Company will launch a line of IP-centric small appliances in April, which will be available on e-commerce platforms such as JD. XINBAO (002705.SZ) serves as the core contract manufacturer for POP MART’s small appliances, Chinese media quoted insiders as saying. It is reported that the two companies primarily collaborate under an OEM model, with product categories currently including electric kettles, coffee machines, electric toothbrushes and hair dryers. At this stage, the Company has entered a large-scale stocking phase. AAStocks Financial News Website: www.aastocks.com |
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