POP MART's Strong Earnings but Volatile Stock Price: Market Anxiety Amid the Labubu Craze

POP MART reported strong 2025 revenue and profit growth, with the LABUBU series contributing nearly 40% of total revenue. Despite the solid performance, the stock price has fluctuated violently due to cooling secondary market prices, stretched valuations, and concerns about the sustainability of the trend. The company is expanding overseas stores and cultivating other IPs to reduce reliance on a single hit character. AI-generated

Why it matters：Analyzes why POP MART's stock fluctuates despite strong earnings, highlighting the risks of relying on a single IP.

Source：Bing News: LABUBU · Read the original ↗

Story：POP MART releases 2026 interim report, LABUBU contributes ~40% revenue