Bubble Mart announced that overall revenue for the third quarter of 2026 fell 45%-50% year on year compared to the third quarter of 2025; among them, China's revenue fell 25%-30% year on year, Asia-Pacific revenue fell 65%-70% year on year, revenue from the Americas fell 70%-75% year on year, and revenue from Europe and other regions fell 50%-55% year on year. China's offline channel revenue fell 5%-10% year over year, and online channel revenue fell 45%-50% year over year.

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