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Pop Mart holder sells $97M stake on heels of other sale

Share price surge of 450% in a year is a sign of enthusiasm for the toymaker whose market value now exceeds Mattel and Hello Kitty’s parent company.

Pop Mart holder sells $97M stake on heels of other sale
A large-scale depiction of Space Molly, one of Pop Mart’s signature characters. Created by designer Kenny Wong, Space Molly has become a global icon in the collectible toy world, celebrated for her bold aesthetic and strong resonance with Gen Z fans. Image: Bloomberg

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