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The Nexus
BUSINESSJul 13 · 07:06 UTCSCMP CHINAZhu Wenqian

What Labubu fatigue? Billionaire investor doubles down on Pop Mart stake

Chinese-American billionaire investor Duan Yongping has increased his stake in Pop Mart for a third time through his company H&H, reaffirming his long-term confidence in the toy brand despite concerns about the sustainability of demand for its IP portfolio led by Labubu.

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Duan YongpingpersonPop MartorganizationH&HorganizationLabubutopicIP portfoliotopicsustainability of demandtopic
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