Skullpanda

Product

Last mentioned: Mar 25, 2026

Timeline

  1. Growth Warning

    Shares plunge as management flags slower growth and domestic saturation.

  2. Labubu Viral Peak

    Labubu IP sees record sales and viral success in Southeast Asian markets.

  3. Pop Land Opening

    The company opens its first theme park in Beijing to diversify revenue.

  4. Hong Kong IPO

    Pop Mart debuts on the HKEX, raising $676 million.

Stories mentioning Skullpanda 1

earnings Neutral

Pop Mart Shares Plunge as Labubu Maker Signals Growth Normalization

Pop Mart International Group shares fell sharply following its latest financial results, as the designer toy giant warned of decelerating growth for its flagship Labubu IP. Despite robust international expansion, cautious guidance on domestic market saturation and rising operational costs have triggered a significant market sell-off.

2 sources