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forbes.com
🌐 75% Global Worthiness
Bloks Group IPO Makes Founder Billionaire Despite Unprofitability
Bloks Group, a Chinese toy company making Lego-like blocks and Ultraman figurines, saw its Hong Kong IPO 6,000 times oversubscribed, raising $215 million and making its founder Zhu Weisong a billionaire, but the company remains unprofitable.
Bloks Group IPO Makes Founder Billionaire Despite Unprofitability
Bloks Group, a Chinese toy company making Lego-like blocks and Ultraman figurines, saw its Hong Kong IPO 6,000 times oversubscribed, raising $215 million and making its founder Zhu Weisong a billionaire, but the company remains unprofitable.
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