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Pop Mart shares fall on concerns over limited IP diversification
Heavy reliance on Labubu and “The Monsters” franchise weighed on investor sentiment after the latest report.
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forbes.com
Toy Mogul Wang Ning Loses Almost $3 Billion As Shares Of Labubu Maker Pop Mart Drop On Overseas Slowdown
The Hong Kong-listed company’s shares slid over 22% on Wednesday after reporting its annual earnings as investors worry the hype over Pop Mart’s signature Labubu toys is over.
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cnbc.com
What comes after Labubu? Inside Pop Mart’s next grow play
Pop Mart is betting on films, theme parks and global expansion to turn Labubu into a lasting franchise, even as the initial craze fades.
