This allowed the Chinese manufacturer to bypass PJSC Gazprom, the cost of which is estimated at the market at $ 38. 86 billion-569th in the rating. Pop Mart specializes in the production of collection figures of toys, the most popular character of which is labubu. Their rapid financial growth is explained by the increase in interest in collecting among young buyers, especially in Asia.
Instead, Gazprom loses its position in the stock market, which is related to the fall of exports and the impact of international sanctions. Despite the fact that the company remains one of the largest exporters of natural gas, its market value is gradually decreasing. Market capitalization is the total value of all shares of the company in circulation and is a key indicator of its position in the stock market. As reported by Focus, the manufacturer of toys Labuba overtook Barbie and Transformers.
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