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The Nexus
BUSINESSJul 13 · 07:06 UTCSCMP WORLDZhu Wenqian

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

Chinese-American billionaire investor Duan Yongping has increased his holdings in Pop Mart for the third time, reinforcing his long-term bullish view on the toy brand. Some have questioned the sustainability of demand for Pop Mart's intellectual property, including the Labubu doll.

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