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23-Year-Old Malaysian Plunges RM93,000 into Debt After Labubu Toy Business Fails

Summary by Goody Feed
A 23-year-old Malaysian man has accumulated a debt of RM93,000 after borrowing from 14 loan sharks to sustain his failing collectibles business. The man, identified only as Chen, attempted to profit from the trending market of collectible Pokémon cards and Labubu dolls. Image: China Press Collectibles Venture Turns Into Financial Nightmare Chen placed large pre-orders for Pokémon cards and Labubu dolls, hoping to capitalize on their popularity i…
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Goody Feed broke the news in on Friday, May 16, 2025.
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