Fading Labubu frenzy wipes $16.7 billion from Pop Mart shares
https://www.straitstimes.com/business/companies-markets/fading-labubu-frenzy-wipes-16-7-billion-from-pop-mart-sharesOpen linkView original on lemmy.world227
Comments55https://www.straitstimes.com/business/companies-markets/fading-labubu-frenzy-wipes-16-7-billion-from-pop-mart-sharesOpen linkView original on lemmy.world
All my apes, funged!
They said it was not possible!
I know the tulip market is bouncing back any day.
If you don’t sell your tulips, then you haven’t taken a loss yet!
I'm going to make it up in volume!
Tulips? That's stupid. I got my money in Beanie Babies.
You idiot. The real money, the real investment is in pogs!
I knew those McDonald's collectibles would come in handy one day.
Nfts mate. That's where it's at!
Jesus Christ, this is a real thing? I honestly thought it was invented on the latest South Park as a joke
No, they've been huge on tiktok for months. Whether or not they are being used for satanic rituals is up for argument
Just the latest beanie babies, pretty much. Same as always.
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?
The name and character are from a children's book and for that it's a fine name.
Because nothing is infinite, but human stupidity comes close.
That was where I first heard of it.
Trey Parker really raising his daughter to be the most foul-mouthed person in the world lool (she voiced 1 of the girls who fought for the lebubus, and ike). Bro taught her the word bitch before she even learnt her ABC's 🤣🤣🤣
Also yeh lebubus are js pokemon cards without the longevity that unlike pokemon will be completely irrelevant in like a yr, watch.
How are Beanie Babies doing?
They sell them at my neighbourhood convenience store
The store owners must be billionaires!
So lucky!
I went to my store and checked, they’re TY “beanie belly’s”
With the spelling mistake?
No, I’m bad at typing
https://old.reddit.com/r/interestingasfuck/comments/x2kecn/a_divorcing_couple_divides_their_beanie_baby/
OMG! I forgot about that picture. I’d love to see what each did with their half.
Be funny if they burned them infront of the other one.
The landscaping company?
Coming back, any time now. When they do, I can finally retire.
Wait. Is this beanie babies or magic cards?
Oh no! My pog collection!
"Remember Alf? He’s back, in pog form." - Milhouse to Bart
Hope everyone enjoys their worthless plastic
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?
Idk, just don't get divorced or that courtroom picture of choosing who gets which will stick around forever.
I gotchu
https://old.reddit.com/r/interestingasfuck/comments/x2kecn/a_divorcing_couple_divides_their_beanie_baby/
The post is misleading. Yes share price went down by a large amount in absolute terms but their market cap is still 60 billion.
Up 430% for the year.
What?
He's the invisible one. Very rare, very valuable. I happen to have a few, I'd be happy to sell you one.
Probably Lindsey Lohan, popular and hot for a short time and then on drugs, alcohol, getting arrested...
I don’t know what these are, although I have heard the word a few times.
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.
Makes sense
I had much higher expectations of Satan!
The cult of the Lamb, but in real life.
It's the modern tulip. Or Furby. Or Cabbage Patch Kid.
The market is finally coming around. Soon all these Cabbage Patch Kids I have will skyrocket in value!
Yeah absolutely, these things are cyclical! Hold on to those cabbage patch kids.
Can I buy an NFT of that?
That depends, how much were you looking to spend?
About tree fiddy.
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.
all because of the stupid woman who made a racist labubu.
What about pet rocks?