Bubble Mart's third quarter revenue increased by over 35% year-on-year

On October 24th, Bubble Mart disclosed the latest business situation for the third quarter. The announcement showed that the overall revenue of Bubble Mart in the third quarter of 2023 increased by 35% -40% year-on-year, revenue in mainland China increased by 25% -30% year-on-year, and revenue from Hong Kong, Macao, Taiwan, and overseas increased by 120% -125% year-on-year

On October 24th, Bubble Mart disclosed the latest business situation for the third quarter. The announcement showed that the overall revenue of Bubble Mart in the third quarter of 2023 increased by 35% -40% year-on-year, revenue in mainland China increased by 25% -30% year-on-year, and revenue from Hong Kong, Macao, Taiwan, and overseas increased by 120% -125% year-on-year.

According to the announcement, the revenue of various channels in mainland China in the third quarter (without review) was 35% -40% year-on-year growth compared to the third quarter of 2022; The robot store grew by 45% -50% year-on-year; Bubble Mart box extractor has decreased by 10% -15% year-on-year; E-commerce platforms and other online platforms increased by 20% -25% year on year (of which Tiktok flagship store increased by 875% -880% year on year, and Tmall flagship store decreased by 20% -25% year on year); Wholesale and other channels increased by 50% -55% year-on-year.

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