Here Group Challenges Labubu With Wakuku
HERE Group's revenue nearly doubled sequentially in its latest quarter. The company operates under a new name, focusing on pop toys. HERE's P/S ratio is 2.5, significantly lower than Pop Mart's 10.3. 97% of HERE's revenue comes from its proprietary IPs, mainly Wakuku. Growth expectations remain strong, forecasting 750-800 million yuan for the fiscal year.
View signal analysis