Pop Mart taps Sony for Labubu film as shares drop over 30% [Yahoo! Finance]
Sony Group Corporation American Depositary Shares (SONY)
Company Research
Source: Yahoo! Finance
Pop Mart International Group Ltd. ( PMRTY ) is turning to Hollywood as it looks to extend the life of its breakout Labubu franchise, partnering with Sony Pictures Entertainment to develop a film project tied to the character. The Beijing-based company is working with Paddington and Wonka director Paul King, who will co-write the script with Steven Levenson, while Labubu creator Kasing Lung will serve as executive producer. The project is planned as a hybrid of live-action and computer-generated imagery, though it remains in early development with no disclosed financial details or release timeline. Warning! GuruFocus has detected 1 Warning Sign with PMRTY. Is PMRTY fairly valued? Test your thesis with our free DCF calculator. The move follows a sharp shift in investor sentiment after Labubu's surge in 2025 pushed Pop Mart's Hong Kong-listed shares to an all-time high in August, driven by strong global demand across markets including the US and Europe. The character's popularity,
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