Labubu Prices Plunge Up to 88% on Chinese Resale Sites
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The price of Labubu dolls by Pop Mart International has dropped by up to 88% on resale platforms due to increased supply. The ID secret variety from the popular collection saw its price fall from CNY4,522 to CNY540. The original retail price was CNY99. The share price of Pop Mart has also decreased by 46% since its peak in August, closing down 3% at HKD185.
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