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These middle-aged men know Xiaohongshu better than anyone, and they’re all in Zhengzhou

With cheap phones and scripted content, they gamed the platform’s algorithm to dominate product search and sales.

13 mins read
  • A sharp profit rise and booming Labubu sales weren’t enough to spark a rally in the company’s share price.

    Insights

    Pop Mart posts record forecast, but investors want proof it can last

    6 mins read

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