Chinese designer toy brand Pop Mart nets over $100m ahead of HK IPO

Chinese designer toy brand Pop Mart nets over $100m ahead of HK IPO

Source: Pop Mart

Chinese blind box doll brand Pop Mart has secured over $100 million in a new funding round jointly led by Chinese private equity firm Loyal Valley Capital (LVC) and China Renaissance’s New Economy Fund, ahead of an initial public offering (IPO) in Hong Kong.