Pop Mart's (HKG:9992) app topped the shopping category in Apple's US App Store on Friday as its Labubu dolls gain popularity, the South China Morning Post reported Monday.
Pop Mart's app rose to seventh place overall, the report said, citing Sensor Tower.
On Sunday, Pop Mart dropped out of the top 25 apps and ranked 21st among shopping apps, the SCMP said.
The surge was simultaneous with the launch of the Labubu 3.0, inspired by Norse mythology, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.