Toy Mogul Wang Ning Loses Almost $3 Billion As Shares Of Labubu Maker Pop Mart Drop On Overseas Slowdown
- Posted on March 25, 2026
- By Forbes
- 5 Views
Toy Mogul Wang Ning Loses Almost $3 Billion As Shares Of Labubu Maker Pop Mart Drop On Overseas Slowdown
The Hong Kong-listed company’s shares slid over 22% on Wednesday after reporting its annual earnings as investors worry the hype over Pop Mart’s signature Labubu toys is over.
