"I think the value of the collection is declining as Labubu's popularity has been dropping. I'm focusing on other characters more than Labubu for my content."
"Pop Mart's stock slid after the annual report, and it's now about 50% below its all-time August high, raising concerns about its reliance on one hot IP."
Kinly McCaffrey, a Texas content creator, has amassed a collection of 30 Labubus, but viewer interest has leveled out. She believes the collection's value is declining as Labubu's popularity drops. Pop Mart, the toy maker, saw rapid growth but is now facing challenges, with its stock price falling due to over-reliance on Labubu. The company's annual report revealed that 'The Monsters' IP generated significant revenue, but concerns about its longevity have emerged, leading to a decline in stock value.
Read at www.businessinsider.com
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