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Reports say POP MART's third-quarter revenue fell by nearly half year on year, drawing market attention Labubu to the sustainability of growth after the hype.
Pop Mart announced that 2026 its unaudited overall revenue for the third quarter declined year-on-year 45% -50%, with revenue declining in both China and overseas regions. Based on media-estimated cost bases, the unrealized loss on Duan Yongping’s related holdings is approximately 1870000000 to 2120000000 Hong Kong dollars, although the actual cost basis cannot yet be verified.
Responding to a question about investing in POP MART, Duan Yongping said that he might buy some more, but his ownership stake would not exceed 10%of the company. He said that he would not wish to respond to such questions in the future.