How Labubu doll-creator Wang Ning lost ₹50,000 crore in a month!
Labubu dolls' popularity is decreasing. Wang Ning, Pop Mart's founder, faces a wealth decline. Pop Mart's stock has dropped since the Labubu 4.0 series launch. Resale prices are falling. Production increases have reduced the dolls' exclusivity. Pop Mart plans new launches. Labubu dolls, created by Kasing Lung, gained popularity through celebrity endorsements. The collectables market relies on nostalgia and reinvention.
Labubu dolls' popularity is decreasing. Wang Ning, Pop Mart's founder, faces a wealth decline. Pop Mart's stock has dropped since the Labubu 4.0 series launch. Resale prices are falling. Production increases have reduced the dolls' exclusivity. Pop Mart plans new launches. Labubu dolls, created by Kasing Lung, gained popularity through celebrity endorsements. The collectables market relies on nostalgia and reinvention.
