If we see from the competition, there is no competition for Pop Mart but many competitors to Mixue. No competition mean the owner should not do stupid things when manage while the other could be killed by competition. It will be good to ask what won’t change in the next 5 years. Will people continue their habits of buying toys or buying drinks?
POP Mart Rockets With Labubu 3.0! Too Late to Bet on Money Machine?
On April 25, Pop Mart’s app topped the Shopping category on the US App Store — its first time ever reaching No.1 in this ranking. The LABUBU 3.0 series also sold out instantly during its online launch in mainland China on the evening of April 24. Pop Mart’s stock surged 12% yesterday, hitting a new all-time high.
With LABUBU’s global popularity skyrocketing, is it already too late to jump on the bandwagon?
Do you have confidence in Pop Mart’s new IPs like Crybaby?
Between Molly and Labubu, which one do you prefer?
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