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Home Breaking News

Hasbro and MaxMatching Entertainments Partner to Bring Beloved Brands to Life in China

Elaine Mendonca by Elaine Mendonca
March 13, 2024
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Hasbro and Max-Matching Entertainments have recently announced an exciting new partnership to collaborate on location-based entertainment projects featuring beloved Hasbro brands. This innovative partnership will bring to life world-class experiences based on popular IPs such as PEPPA PIG, TRANSFORMERS, MY LITTLE PONY, NERF, POWER RANGERS, and more across China.

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One of the exciting projects under this partnership includes MY LITTLE PONY themed drink shops in Nanjing and Qingdao, a PEPPA PIG-themed ice and snow park in Beijing Top Park, a Hasbro FEC showcasing various brands, and the first standalone PEPPA PIG outdoor theme park in China.

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Matthew Proulx, Vice President of Hasbro Global LBE, expressed his enthusiasm for working with Max-Matching to develop immersive experiences based on their popular IPs. Owen Zhao, President of Max-Matching Entertainments, emphasized their dedication to bringing beloved IP projects to Chinese consumers in collaboration with Hasbro. Together, they aim to create engaging experiences for audiences through iconic brands like MAGIC: THE GATHERING, DUNGEONS & DRAGONS, NERF, TRANSFORMERS, PLAY-DOH, and PEPPA PIG.

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It’s an exciting time for fans of Hasbro brands in China as they can look forward to experiencing these amazing new entertainment projects in the near future.

Hasbro Inc. (HAS) Stock Market Update: March 13, 2024

On March 13, 2024, Hasbro Inc. (HAS) had a relatively stable performance in the stock market. The stock opened at $52.95, which was $0.14 lower than its previous close. Throughout the day, the price of HAS shares increased by $0.03, resulting in a 0.06% rise by the time the market closed.

Despite the modest increase in price on March 13th, it is important to note that individual daily fluctuations in stock prices do not always reflect the long-term performance of a company. Investors should consider conducting further research on Hasbro Inc. and its financial health before making any investment decisions.

HomeAway Services (HAS) Stock Performance on March 13, 2024: Declining Revenue, Net Income, and EPS Raise Concerns

On March 13, 2024, the stock performance of HomeAway Services (HAS) was closely watched by investors and analysts. The company’s financial data revealed some concerning trends that impacted its stock performance.

According to data from CNN Money, HAS reported a total revenue of $5.00 billion for the past year, which decreased by 14.54% compared to the previous year. In the fourth quarter, the total revenue was $1.29 billion, which remained flat. This decline in revenue raised concerns among investors about the company’s ability to generate consistent earnings.

Similarly, HAS reported a net income of -$1.49 billion for the past year, which decreased by 831.84% compared to the previous year. In the fourth quarter, the net income was -$1.06 billion, which decreased by 520.16%. These significant declines in net income highlighted the challenges faced by the company in maintaining profitability.

Furthermore, the earnings per share (EPS) of HAS also showed a sharp decline over the past year. The EPS was reported as -$10.73 for the past year, which decreased by 832.36% compared to the previous year. In the fourth quarter, the EPS was reported as -$7.64, which decreased by 519.72%. This decline in EPS indicated a decrease in the company’s profitability.

Overall, the financial data of HAS on March 13, 2024, reflected a challenging operating environment for the company. The declining total revenue, net income, and EPS highlighted the struggles faced by HAS in maintaining its financial performance. As a result, the stock performance of HAS on that day was likely influenced by these concerning trends, as investors assessed the company’s ability to overcome these challenges and return to growth.

Tags: HAS
Elaine Mendonca

Elaine Mendonca

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