Pinduoduo has dropped over 4%, with some LABUBU products now discounted by 13%.

date
07/11/2025
Since 2025, the sales of IP products such as LABUBU, Xingxing Ren, CRYBABY, and SKULLPANDA under Bubble Mart have been performing well. Currently, the situation of "difficult to find one doll" has gradually improved due to the periodic restocking of Bubble Mart's products. After each large-scale restocking, the prices of the products will decrease to varying degrees. Taking LABUBU 4.0 as an example, data from the DeWu app shows that besides the restocking on November 6, there were 2 other large-scale restocks on September 25 and October 20 this year. After these two restocks, the prices of the hidden design "Love" dropped by 13% and 6% respectively. Since the end of August, Bubble Mart's stock price has fallen by over 35%. As of the time of writing, Bubble Mart's stock price has fallen by over 4%, standing at HK$208 per share.