Thanks for the 🏷️,
@Barcode Like passing a baton
![[LOL]](https://c1.itigergrowtha.com/community/assets/media/emoji_009_xiaoku.4565691c.png)
I won’t be outdoing you though. But I do want to share my experience with
$POP MART(09992)$ back in Singapore! I have not heard of it prior to my December holiday. At least this has not really taken off in where I am staying in my part of Australia
![[Happy]](https://c1.itigergrowtha.com/community/assets/media/emoji_002_kaixin.d4dce72e.png)
![[Tongue]](https://c1.itigergrowtha.com/community/assets/media/emoji_013_guilian.048e5026.png)
. I was surprised when a family friend introduced us to it. She mentioned that it’s a craze among the kids in Singapore! Young children, not just teenagers, are crazy of them!? Of course if I have a choice between the 2,
$POP MART(09992)$ will be the one. We have bubble tea everywhere and it’s very competitive.
$MIXUE GROUP(02097)$ from my understanding is competing on the price point. Just take 🍎 for example, an iPhone probably has many similar functions as other hand phones, but it’s selling at a premium price. This is called “lifestyle premium “. Pop Mart is growing it, while Mixue is doing what the low price hand phone sellers do. It’s a tough slog. Get my point?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments