Resale market going from Labubu boom to Labubu lull?


Monster mayhem: A wall of Labubu dolls on display at the ‘Monsters by Monsters, Now and Then’ show in Shanghai. — Bloomberg

Kasidit Teerawiboosin, 22, has ridden the wave of Labubu’s success as a reseller in Thailand, specialising in Pop Mart toys, but the days of easily making money flipping the toothy-grinned monsters are numbered.

“Prices in the Thai resale market are going down really, really, really fast,” said Kasidit, who has been buying Pop Mart toys and selling them unopened since early 2024.

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