Pop Mart's Labubu Craze: From Boom to Bust?

Labubu bubble burst? The craze for Pop Mart's collectible toys, fueled by celebrity endorsements and insane resale prices, is cooling off fast. Discover why Labubu figures are plummeting in value, how Pop Mart's massive production surge changed the game, and what's next for the company as it shifts focus from resale frenzy to global domination.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.