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Labubu Prices Plummet in Second-Hand Market
Summary: Labubu prices have plummeted in the second-hand market due to official restocking. Data from a trendy second-hand trading app shows that the price for a Labubu 3.0 complete set has dropped from 1500-2800 yuan to 650-800 yuan. Previously, some scalpers hoarded goods through grabbing software and sold them at over 10 times the original price, ...
Labubu prices have plummeted in the second-hand market due to official restocking. Data from a trendy second-hand trading app shows that the price for a Labubu 3.0 complete set has dropped from 1500-2800 yuan to 650-800 yuan. Previously, some scalpers hoarded goods through grabbing software and sold them at over 10 times the original price, but official large-scale restocking has shattered scarcity expectations, leading to market sell-offs.
