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The Labubu bubble bursts: Resale prices crash in Thailand
BANGKOK, Dec 2 — After over a year of hype, it looks like the Labubu doll market in Thailand has reached saturation point, with once-crazy resale prices now starting to drop. According to The ...
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From Labubu to Ne Zha: toy craze powers Pop Mart’s market-beating stock rally
Fresh from its success with Labubu, Pop Mart International is on another hot streak in intellectual property (IP) merchandising as consumers snap up its toys based on China’s highest-grossing Ne ...
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Pop Mart’s Labubu: From Blackpink fave to fading frenzy for Chinese toy firm
A frenzy over Pop Mart’s Labubu, a toothy but adorable toy creature beloved by millions of Asian fans including a member of K-pop group Blackpink, might be cooling. Resale prices for the toys on ...