winnie
@winnie
popmart (the hong kong-based co behind labubus) is valued at $45b market cap. trading at ~60x EV / EBITDA. !!! collectibles culture is still very much alive and well.
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Colin Charles
@bytebot
They keep on launching stores, and it’s also because people have no clue what they’re getting inside a box. On a trip to HCMC I was surprised to even see parallel resellers at a coffee shop outside doing brisk reselling.
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