据悉，该潮玩平台是千岛 App，千岛是由上海必有回响智能科技有限公司开发的二手交易平台APP，专注于潮玩、卡牌、手办模型等领域的商品 流通。 记者查看千岛APP的购买页面，多处页面标注拒绝向未成年人提供服务。 近日，11岁女孩在一潮玩App购买500多元卡牌后，其母亲申请退款。部分卖家提出条件：上传家长怒骂孩子的视频 、狂扇孩子耳光的视频（时长 需要5分钟 中间不能停，必须有清晰的扇耳光的声音）。同时附加怒骂孩子的视频、千字手写检讨等条款。 企查查显示，上海必有回响智能科技有限公司成立于2021年，法定代表是沈振宇。 值得注意的是，早在9月份，千岛APP有报道称千岛"闪购"被指霸王条款，据消费者介绍，自己通过千岛"闪购"购买了一款价值7000元的潮玩，潮 玩存在瑕疵，平台客服提供的解决方案是让他以卖家身份重新售卖该商品，这让他无法接受。 （齐鲁晚报·齐鲁壹点客户端编辑 张宝帆综合千岛官网、凤凰网、企查查、智通财经、红星新闻） ...

Core Insights - The resale prices of the mini version of Labubu have started to decline just one week after its release, with some resellers indicating that the price momentum is weaker compared to the third generation of Labubu [2][4] - The transaction volume for the mini version of Labubu has exceeded 56,000 units within a week, with an average transaction price of 138 yuan, representing a 75% premium over the original price of 79 yuan, although this is a decrease of 10%-60% from the initial resale prices [2][4] - The average transaction price for the hidden version of Labubu has also dropped significantly, from 991 yuan at launch to 679 yuan currently, indicating a reduction in speculative pricing [4][5] Market Dynamics - The rapid price decline of the mini version of Labubu is attributed to a higher supply volume and the presence of 30 different product variants, which has reduced the liquidity in the secondary market [5] - The mini version of Labubu is sold exclusively online, limiting the ability of physical resellers to hoard inventory, which has further contributed to the price drop [5] - The company is expected to launch a second round of mini version Labubu products in October, which may lead to further price fluctuations [5] Competitive Analysis - Compared to the third generation of Labubu, the mini version has seen a significant reduction in premium pricing, with the hidden version of the third generation still commanding an average price of 939 yuan, which is 9.5 times its original price, compared to the mini version's 8.6 times premium [4][5] - The stock price of the company, Pop Mart (09992.HK), has decreased by 5.61% in the five days following the release of the mini version Labubu [5]

Core Viewpoint - The resale prices of the mini version of Labubu have started to decline significantly within a week of its release, indicating a potential oversupply and reduced demand in the secondary market [2][4]. Group 1: Market Performance - The mini version of Labubu has seen over 56,000 transactions on the Dewu app within a week, with an average transaction price of 138 yuan, representing a 75% premium over the original price of 79 yuan [2]. - However, the resale prices have decreased by 10%-60% compared to the initial release period, with specific examples showing a drop from 1930 yuan to 1541 yuan, a 20% decline [2][4]. - The average transaction price for the Labubu 4.0 has fallen from 143 yuan on August 27 to 106 yuan [2]. Group 2: Supply and Demand Dynamics - The price of the mini version Labubu has decreased from 2399 yuan before release to 1850 yuan for the (A~M) version and 1800 yuan for the (N~Z) version [4]. - The mini version Labubu has a lower premium compared to the third generation Labubu, with the hidden version of the third generation still commanding an average price of 939 yuan, a 9.5 times premium, compared to the mini version's 8.6 times premium [4]. - The rapid price decline is attributed to a larger supply, with 30 product variations and all sales conducted online, reducing the influence of scalpers [4]. Group 3: Market Sentiment and Future Outlook - Analysts suggest that the mini version of Labubu may not generate significant buzz on social media, leading to a short-lived popularity and not a sustainable sales phenomenon [5]. - Following the release of the mini version, the stock price of Pop Mart (09992.HK) has dropped by 5.61% over the past five days [6].

Core Insights - The resale prices of the mini Labubu toys have significantly decreased within a week of their release, with some styles dropping nearly 60% [1][8] - The average transaction price for the mini Labubu has fallen by 10%-60% compared to the initial sales period, indicating a decline in demand [1][9] - The stock price of Pop Mart (09992.HK) has dropped by 5.61% in the five days following the release of the mini Labubu [10] Sales Performance - Over 56,000 units of mini Labubu have been sold on the Dewu app within a week, with an average transaction price of 138 yuan, which is a 75% premium over the original price of 79 yuan [1] - The average transaction price for a specific set (N~Z) dropped from 1930 yuan on the release day to 1541 yuan, a decrease of 20% [1] - The average price for non-popular styles has also seen a significant decline, with one style dropping 57% from its release price [1] Market Dynamics - The mini Labubu's resale market is experiencing a rapid price decline due to increased supply and a larger initial release [9] - The presence of 30 different products in the series has led to reduced trading volume in the secondary market as users engage in self-exchange [9] - The mini Labubu's online-only sales strategy has minimized the impact of scalpers, as physical stores are only responsible for pick-up [9] Future Outlook - Analysts predict that the prices of mini Labubu may continue to decline with the anticipated second round of product releases in October [9] - The mini Labubu is unlikely to generate sustained buzz on social media, limiting its potential for long-term sales success [9]

Core Viewpoint - The resale prices of the mini version of Labubu have started to decline just one week after its release, indicating a lack of sustained demand compared to previous versions [1]. Group 1: Price Trends - The mini version of Labubu has seen over 56,000 transactions on the platform since its release, with an average transaction price of 138 yuan, representing a 75% premium over the original price of 79 yuan [1]. - However, the resale prices have decreased by 10%-60% compared to the initial sales period [1]. - For example, the average transaction price for a set of 14 N-Z models dropped from 1,930 yuan on the release day to 1,541 yuan, a decline of 20% [1]. - The average transaction price for the hidden variant has also decreased from 991 yuan to 679 yuan [8]. Group 2: Market Dynamics - The rapid price decline is attributed to a higher supply of the mini version, with a larger initial release and a total of 30 products in the series, which has reduced the liquidity in the secondary market [9]. - The mini version's online-only sales strategy has minimized the impact of scalpers, as physical stores only handle pickups [9]. - Analysts predict that the upcoming second round of mini Labubu releases in October may further decrease prices [9]. Group 3: Company Performance - Following the release of the mini version, the stock price of Pop Mart (09992.HK) has dropped by 5.61% over the past five days [10].

Core Insights - The recent launch of the "Mini LABUBU" and "ROCK THE UNIVERSE" plush toys by Pop Mart sold out quickly across various online platforms, indicating strong demand [1][3] - The "Mini LABUBU" series consists of 14 regular and 1 hidden variant, with prices set at 79 yuan each, while the "ROCK THE UNIVERSE" plush is priced at 499 yuan [3] - The secondary market for "Mini LABUBU" items shows significant price fluctuations, with pre-sale prices ranging from 170 to 300 yuan, and current prices around 100 yuan for regular variants and 700 yuan for hidden variants [3][5] Sales Performance - Pop Mart's sales performance has been robust, with the company reporting a revenue of 13.88 billion yuan for the first half of 2025, reflecting a year-on-year growth of 204.4% [8] - The "THE MONSTERS" series, which includes LABUBU, generated 4.81 billion yuan in revenue, marking a staggering year-on-year increase of 668.0% and accounting for 34.7% of total revenue [8] Market Dynamics - The supply of "Mini LABUBU" during its initial release was significantly higher than previous launches, with over 300,000 units sold on Tmall alone, which may have influenced the pricing dynamics in the secondary market [8] - The trading patterns on secondary platforms indicate a mix of "proxy buying" and "box gifting," showcasing the collectible nature of these items [3][5]

Group 1 - The core point of the news is the strong market demand and pricing dynamics for the new "Mini Labubu" product from Pop Mart, indicating a robust consumer interest and potential for high resale value [1] - The Mini Labubu will be available for online sale at 10 PM today and offline sale tomorrow, with significant pre-sale activity already noted on secondary markets [1] - The blind box pricing is set at 79 yuan per unit, with a complete set priced at 1106 yuan, while resale prices on secondary platforms have surged, with some items reaching up to 2450 yuan [1] Group 2 - Pop Mart reported a revenue of 13.88 billion yuan for the first half of the year, reflecting a year-on-year growth of 204.4%, surpassing the total revenue for the entire year of 2024 [2] - The company disclosed regional performance, with China generating 8.28 billion yuan (up 135.2%), Asia-Pacific 2.85 billion yuan (up 257.8%), Americas 2.26 billion yuan (up 1142.3%), and Europe and other regions 480 million yuan (up 729.2%) [2] - The CEO expressed confidence in achieving a revenue target of 30 billion yuan for the year, significantly higher than the initial target of 20 billion yuan [2]

Group 1 - The core product "Mini Labubu" from Pop Mart is set to launch online at 10 PM today and offline tomorrow, with significant pre-sale interest observed on secondary markets [2][3] - The Mini Labubu consists of 14 regular items and 1 hidden item, with a retail price of 79 yuan per blind box and a complete set priced at 1106 yuan [2] - Over 470,000 users have shown interest in the Mini Labubu on Tmall, with more than 420,000 adding it to their shopping carts [3] Group 2 - On secondary platforms, the price for a set of Mini Labubu has surged to 2450 yuan, marking a 1344 yuan increase from the original price [4] - The average transaction price for Mini Labubu on secondary markets is 1921 yuan, with a notable spike in sales volume leading up to the release [4][5] - The hidden item "Heart" has been listed at a minimum price of 679.5 yuan, with some transactions reaching as high as 1188 yuan [4] Group 3 - Pop Mart reported a revenue of 13.88 billion yuan for the first half of the year, reflecting a year-on-year growth of 204.4%, surpassing the total revenue for the entire year of 2024 [6] - The company disclosed regional performance for the first time, with China generating 8.28 billion yuan (up 135.2%), Asia-Pacific 2.85 billion yuan (up 257.8%), Americas 2.26 billion yuan (up 1142.3%), and Europe and others 480 million yuan (up 729.2%) [6] - The CEO expressed confidence in achieving a revenue target of 30 billion yuan for the year, significantly higher than the initial target of 20 billion yuan [7] Group 4 - As of the latest market close, Pop Mart's stock price was 324.4 HKD, with a total market capitalization of 435.7 billion HKD [7]

Group 1 - The core point of the news is the strong market demand and pricing dynamics for the new "Mini Labubu" product from Pop Mart, indicating a robust consumer interest and potential for high resale value [1] - The Mini Labubu will be available for online sale at 10 PM today and offline sale tomorrow, with significant pre-sale activity already noted on secondary markets [1] - The pricing structure for the Mini Labubu includes a single blind box priced at 79 yuan and a complete set priced at 1106 yuan, with resale prices on secondary platforms reaching as high as 2450 yuan [1] Group 2 - Pop Mart reported a revenue of 13.88 billion yuan for the first half of the year, representing a year-on-year growth of 204.4%, surpassing the total revenue for the entire year of 2024 [2] - The company disclosed regional performance, with China generating 8.28 billion yuan (up 135.2%), Asia-Pacific 2.85 billion yuan (up 257.8%), Americas 2.26 billion yuan (up 1142.3%), and Europe and other regions 480 million yuan (up 729.2%) [2] - The CEO expressed confidence in achieving a revenue target of 30 billion yuan for the year, significantly higher than the initial target of 20 billion yuan [2]

Group 1 - The mini version of Labubu, part of the THE MONSTERS series, is set to launch online and offline, with a retail price of 79 yuan per unit and a complete set priced at 1106 yuan [1] - On second-hand platforms, the mini version of Labubu is already being resold at significantly higher prices, with one set reaching up to 2450 yuan, indicating a markup of 1344 yuan [1] - As of the report, there are 764 listings for the mini version of Labubu on second-hand trading platforms, with a total of 251 transactions completed and an average transaction price of 1921 yuan [1] Group 2 - The hidden version of the mini Labubu is being sold at exorbitant prices, with the lowest price for a single blind box listed at 679.5 yuan, and recent transactions reaching 1188 yuan and 1100 yuan [2] - The probability of obtaining the hidden version is notably low, at 1 in 168, contributing to its high resale value [2]