If you don’t own one yourself, chances are you know someone who does own the Labubu doll, whose cult following helped drive explosive growth for Pop Mart, with revenue nearly tripling and profits soaring. Yet despite its popularity, share prices tumbled over 30%, raising questions about whether the brand can sustain momentum beyond a single hit. Cheryl Goh speaks to Jianggan Li, CEO of Momentum Works to unpack whether demand for “emotional consumption” is fading or simply shifting and how to capture demand in an increasingly complex digital ecosystem.  

If you don&rsquo;t own one yourself, chances are you know someone who does own the Labubu doll, whose cult following helped drive explosive growth for Pop Mart, with revenue nearly tripling and profits soaring. Yet despite its popularity, share prices tumbled over 30%, raising questions about whether the brand can sustain momentum beyond a single hit. Cheryl Goh speaks to Jianggan Li, CEO of Momentum Works to unpack whether demand for &ldquo;emotional consumption&rdquo; is fading or simply shifting and how to capture demand in an increasingly complex digital ecosystem.&nbsp;&nbsp;

The best interviews from CNA938 on Singapore news, current affairs, health, entertainment and money.

The best interviews from CNA938 on Singapore news, current affairs, health, entertainment and money.

CNA938 Rewind

The best interviews from CNA938 on Singapore news, business updates, entertainment and food.

The best interviews from CNA938 on Singapore news, business updates, entertainment and food.