Labubu

Latest news and articles about Labubu from NEX English

Launch largest share buyback in Pop Mart's history after record decline

Pop Mart International Group Ltd. has announced the largest share buyback in its history, aiming to restore market confidence following a record drop in its stock value. This decline was driven by concerns over the company's heavy reliance on Labubu dolls for growth.

Pop Mart shares plunge after analysts cut price forecasts

Shares of Pop Mart International Group Ltd. fell sharply by up to 9.7% following analysts' downgrades of their price forecasts. This decline comes amid reports of waning external momentum and increased reliance on the Labubu brand.