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Pop Mart plunges as Labubu craze cools: is the top-tier IP’s boom fading?

Second-hand prices of Labubu have recently begun to fall as toymaker Pop Mart ramped up production.

Published: 9:00am, 5 Oct 2025Updated: 12:13pm, 8 May 2026

Read more: https://sc.mp/3e6113

Second-hand prices of the wildly popular monster dolls Labubu have recently begun to fall as toymaker Pop Mart ramped up production. Shares of the Chinese company have dropped more than 20 per cent since peaking in late August, raising investor concerns that the supply of the toys has exceeded demand.

Pop Mart plunges as Labubu craze cools: is the top-tier IP’s boom fading?

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Second-hand prices of Labubu have recently begun to fall as toymaker Pop Mart ramped up production.

Second-hand prices of Labubu have recently begun to fall as toymaker Pop Mart ramped up production.