Fading Labubu frenzy wipes $16.7 billion from Pop Mart shares (www.straitstimes.com)
from fne8w2ah@lemmy.world to world@lemmy.world on 15 Sep 11:43
https://lemmy.world/post/35950672

#world

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pressedhams@lemmy.blahaj.zone on 15 Sep 11:49 next collapse

Oh no! My pog collection!

floral_toxicity@lemmy.world on 16 Sep 04:09 collapse

“Remember Alf? He’s back, in pog form.” - Milhouse to Bart

theherk@lemmy.world on 15 Sep 11:57 next collapse

How are Beanie Babies doing?

panda_abyss@lemmy.ca on 15 Sep 12:21 next collapse

They sell them at my neighbourhood convenience store

miss_demeanour@lemmy.dbzer0.com on 15 Sep 12:59 next collapse

The store owners must be billionaires!

BarneyPiccolo@lemmy.today on 15 Sep 13:49 collapse

So lucky!

panda_abyss@lemmy.ca on 15 Sep 17:35 collapse

I went to my store and checked, they’re TY “beanie belly’s”

corsicanguppy@lemmy.ca on 15 Sep 18:44 collapse

With the spelling mistake?

panda_abyss@lemmy.ca on 15 Sep 19:03 collapse

No, I’m bad at typing

BarneyPiccolo@lemmy.today on 15 Sep 13:49 next collapse

Coming back, any time now. When they do, I can finally retire.

corsicanguppy@lemmy.ca on 15 Sep 18:45 collapse

Wait. Is this beanie babies or magic cards?

ileftreddit@piefed.social on 15 Sep 13:49 next collapse

Ty Warner owns the four seasons in manhattan

Edit, he is also a billionaire

thaklor@lemmy.world on 15 Sep 16:21 collapse

The landscaping company?

ileftreddit@piefed.social on 15 Sep 16:34 collapse

Lol, thank you

AtariDump@lemmy.world on 15 Sep 16:56 collapse

old.reddit.com/…/a_divorcing_couple_divides_their…

theherk@lemmy.world on 15 Sep 16:57 collapse

OMG! I forgot about that picture. I’d love to see what each did with their half.

AtariDump@lemmy.world on 16 Sep 03:15 collapse

Be funny if they burned them infront of the other one.

AllNewTypeFace@leminal.space on 15 Sep 12:14 next collapse

All my apes, funged!

prole@lemmy.blahaj.zone on 15 Sep 12:49 collapse

funged

They said it was not possible!

CubitOom@infosec.pub on 15 Sep 12:22 next collapse

Hope everyone enjoys their worthless plastic

YaksDC@sh.itjust.works on 15 Sep 12:50 next collapse

I know the tulip market is bouncing back any day.

henfredemars@infosec.pub on 15 Sep 12:52 next collapse

If you don’t sell your tulips, then you haven’t taken a loss yet!

miss_demeanour@lemmy.dbzer0.com on 15 Sep 13:00 collapse

I’m going to make it up in volume!

BarneyPiccolo@lemmy.today on 15 Sep 13:46 next collapse

Tulips? That’s stupid. I got my money in Beanie Babies.

CaptPretentious@lemmy.world on 16 Sep 03:21 collapse

You idiot. The real money, the real investment is in pogs!

toynbee@lemmy.world on 16 Sep 04:22 collapse

I knew those McDonald’s collectibles would come in handy one day.

JeeBaiChow@lemmy.world on 16 Sep 08:25 collapse

Nfts mate. That’s where it’s at!

dream_weasel@sh.itjust.works on 15 Sep 12:51 next collapse

What?

witty_username@feddit.nl on 15 Sep 13:03 next collapse

Who is Fading Labubu

BarneyPiccolo@lemmy.today on 15 Sep 13:48 next collapse

He’s the invisible one. Very rare, very valuable. I happen to have a few, I’d be happy to sell you one.

WanderingThoughts@europe.pub on 15 Sep 16:14 collapse

Probably Lindsey Lohan, popular and hot for a short time and then on drugs, alcohol, getting arrested…

Reverendender@sh.itjust.works on 15 Sep 13:12 next collapse

I don’t know what these are, although I have heard the word a few times.

WindyRebel@lemmy.world on 15 Sep 13:20 next collapse

They are toys children obtain for clout and to use in satanic rituals to summon Satan, who also shows up with Trump because Satan is pregnant with his butt baby.

BarneyPiccolo@lemmy.today on 15 Sep 13:47 next collapse

Makes sense

Reverendender@sh.itjust.works on 15 Sep 18:22 collapse

I had much higher expectations of Satan!

ms_lane@lemmy.world on 15 Sep 13:28 collapse

The cult of the Lamb, but in real life.

newthrowaway20@lemmy.world on 15 Sep 13:45 collapse

It’s the modern tulip. Or Furby. Or Cabbage Patch Kid.

Lemmyoutofhere@lemmy.ca on 15 Sep 13:05 next collapse

Can I buy an NFT of that?

ThrowawayPermanente@sh.itjust.works on 15 Sep 14:58 collapse

That depends, how much were you looking to spend?

Lemmyoutofhere@lemmy.ca on 15 Sep 16:39 collapse

About tree fiddy.

sploosh@lemmy.world on 15 Sep 13:18 next collapse

The market is finally coming around. Soon all these Cabbage Patch Kids I have will skyrocket in value!

BananaTrifleViolin@lemmy.world on 15 Sep 13:26 collapse

Yeah absolutely, these things are cyclical! Hold on to those cabbage patch kids.

FearfulSalad@ttrpg.network on 15 Sep 13:36 next collapse

Jesus Christ, this is a real thing? I honestly thought it was invented on the latest South Park as a joke

JoeKrogan@lemmy.world on 15 Sep 15:35 next collapse

That was where I first heard of it.

Cenotaph@mander.xyz on 15 Sep 15:39 next collapse

No, they’ve been huge on tiktok for months. Whether or not they are being used for satanic rituals is up for argument

[deleted] on 15 Sep 15:40 next collapse
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MBech@feddit.dk on 15 Sep 21:36 next collapse

The name sound exactly like some dumb made up name South Park would pick to make fun of something. How in the fuck is it a real thing?

Alwaysnownevernotme@lemmy.world on 15 Sep 22:10 next collapse

Because nothing is infinite, but human stupidity comes close.

Waldelfe@feddit.org on 16 Sep 05:48 collapse

The name and character are from a children’s book and for that it’s a fine name.

ZombieMantis@lemmy.world on 15 Sep 22:19 collapse

Just the latest beanie babies, pretty much. Same as always.

BarneyPiccolo@lemmy.today on 15 Sep 13:46 next collapse

I just heard about Labubus, and now they are already over?

What am I going to do with the $25,000 in Labubus that I just bought over the weekend?

phdepressed@sh.itjust.works on 15 Sep 14:19 collapse

Idk, just don’t get divorced or that courtroom picture of choosing who gets which will stick around forever.

AtariDump@lemmy.world on 15 Sep 16:57 collapse
udc@lemmy.world on 15 Sep 15:44 next collapse

The post is misleading. Yes share price went down by a large amount in absolute terms but their market cap is still 60 billion.

Dwayne_Elizondo_Mountain_Dew_Camacho@sh.itjust.works on 15 Sep 19:57 collapse
Tollana1234567@lemmy.today on 16 Sep 05:27 next collapse

all because of the stupid woman who made a racist labubu.

JeeBaiChow@lemmy.world on 16 Sep 08:26 next collapse

What about pet rocks?

ExLisper@lemmy.curiana.net on 16 Sep 08:38 collapse

People keep laughing at idiots buying this but the forget that someone made billions on it. Yes, it’s a stupid “investment” for an average person but a genius play by the company selling this.