Labubu dolls maker Pop Mart 's revenue jumps over 165 percent in Q1

Chinese toymaker Pop Mart (9992) saw its overall revenue up by more than 165 percent in the first quarter, driven by rapid growth in the overseas markets. 

Sales attributed to operations in China nearly doubled during the three months, while that from overseas soared by 475-480 percent, the maker of Labubu dolls said in a filing on Tuesday. 

Pop Mart recorded an 85-90 percent rise in offline channel sales in China last quarter and an up to 145 percent rise in turnover from online channels. 

As for overseas operations, the company said the sales in Asia Pacific surged 350 percent in the March quarter, while its American market grew by around nine times, and the European market more than six times.