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    Pop Mart’s Merodi Hong Kong debut highlights challenges of sustaining IP success

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    Source: South China Morning Post
    Published: 2026-02-27 19:45 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: China, Business & Economy
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    Snippet:
    Toymaker’s latest character launch draws tepid demand, raising questions about the company’s reliance on Labubu’s success
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