Nov. 7, 2025
Pop Mart Shares Slide After Livestream Sparks Pricing Backlash
Shares of Pop Mart International Group Ltd., the Hong Kong-listed creator of the popular Labubu toy line, dropped more than 5.5% on Friday, hitting their lowest level since May. The decline came after a livestream incident reignited scrutiny over the company’s product pricing. The sell-off followed a viral clip in which a Pop Mart employee appeared to question the value of a blind box item during a Thursday livestream, according to Chinese media outlet The Cover. The item in question — a phone chain blind box priced at 79 yuan ($11) — drew widespread criticism on social media, fueling concerns among investors about Pop Mart’s pricing strategy.
More News

  • Subscribe To Our News