What U.S. Retailers can Learn from China’s Social Commerce Success

In Q1 this year, Chinese retailer Pop Mart saw market capitalization surge to nearly $40 billion, outpacing established global rivals like Hasbro and Mattel to become China’s most valuable toy company. The charge was led by their viral breakout product, the Labubu doll. The blind box offering became an overnight success, scoring over 1.5 million dedicated […]...