The post Pudgy Penguins CEO Luca Netz Unveils Exciting Updates and Record Toy Sales Amid New Retail Collaborations appeared on BitcoinEthereumNews.com.

On February 6th, COINOTAG News reported significant developments from the **Pudgy Penguins** team, as conveyed by CEO **Luca Netz**. The company is poised to unveil exciting announcements surrounding their expansion into **traditional IP business**. Notably, Pudgy Penguins plans to launch several **offline retail stores** across **South Korea**, which signals a strategic move to enhance brand visibility. Furthermore, the recent collaboration with **Candy Pez**—a well-established Austrian confectionery brand—highlights Pudgy Penguins’ initiative to solidify partnerships that augment its market presence. In terms of sales performance, Pudgy Penguins has demonstrated commendable success, with **Fat Penguin toy sales exceeding 2 million** units last year alone. Remarkably, December 2024 showcased a peak of **approximately 400,000 toy sales**, marking an unprecedented achievement. Furthermore, the organization currently employs a robust team of **65 members**, strategically split between **crypto** and **IP sectors**—20 dedicated to crypto and 45 focused on intellectual property, contributing to an optimized operational flow and enhanced business equilibrium. Source: https://en.coinotag.com/breakingnews/pudgy-penguins-ceo-luca-netz-unveils-exciting-updates-and-record-toy-sales-amid-new-retail-collaborations/

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Filed under: News - @ February 6, 2025 3:16 am