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Labubu and ‘KPop Demon Hunters’ take Macy’s Thanksgiving Day Parade by Storm, joining icons like PacMan and Buzz Lightyear

The Macy’s Thanksgiving Day Parade brought balloons depicting Buzz Lightyear and Pac-Man to the New York City skies on Thursday, as floats featuring Labubu and Lego graced the streets. The parade, which started on Manhattan’s Upper West Side and closed at the iconic Macy’s Herald Square flagship store on 34th Street, included dozens of balloons, floats, clown … Read more

A Journey Into the Heart of Labubu

The day after I failed to secure a Labubu from Pop Mart’s original store, I decide to console myself with a visit to Pop Land, the company’s 10-acre theme park in central Beijing—and perhaps the clearest sign that it intends to come for Disney’s lunch. (“Our art toys are like Disney’s movies,” Wang says in … Read more

Fever to fatigue? Pop Mart is actually happy that Labubu resale prices are dropping

This summer, the monster toy Labubu charmed the world with its cute and chaotic energy, commanding resale markups that would make day traders or Rolex flippers blush. One secret blind box edition was selling for over 2,000% above retail prices, according to Nomura. Last month, robbers in California staged a $30,000 heist. Now, there are … Read more

Once richer than Peter Thiel, Pop Mart’s Wang Ning sees $6 billion vanish with Labubu hype

Just weeks ago, Pop Mart founder Wang Ning was riding high with a net worth of $27 billion, richer than Silicon Valley’s Peter Thiel, thanks to a rabbit-eared plush called Labubu. The “ugly-cute” doll has been flaunted by celebrities from David Beckham to Blackpink’s Lisa, pushing resale prices to dizzying heights.  But once the “cool … Read more

China’s ‘blind box’ craze fuels Pop Mart’s Labubu success

Labubu toys packaging are seen at a souvenir store in Krakow, Poland on August 21, 2025. Jakub Porzycki | Nurphoto | Getty Images Even Confucius is getting in on China’s “blind box” craze. At the main temple in Beijing to China’s greatest sage, the souvenir shops sell a range of “blind boxes,” gifts packaged in … Read more

Labubu could make $1 billion this year

Labubu is a plush monster toy, but it’s also on track to be a billion-dollar business. This week, Labubu-maker Pop Mart released its financial results for the first half of 2025, giving the public more insight into just how rabid the world is for this plush monster toy. Pop Mart’s Monsters series, which includes Labubu, … Read more

Pop Mart shares soar 11% as CEO announces new mini Labubu

Shares of Chinese toy maker Pop Mart International Group Ltd. rose the most in nearly four months on Wednesday, after chief executive officer Wang Ning said the company could easily surpass its annual sales projection and announced plans to launch a new mini Labubu doll. The stock climbed as much as 11% to 310.6 Hong … Read more

Masked thieves stole all the Labubu dolls from a Los Angeles-area store. ‘We are still in shock’

A group of masked thieves stole about $7,000 worth of Labubu dolls from a Los Angeles-area store this week, authorities said. The incident took place early Wednesday morning at a store in La Puente, a city about 18 miles (29 kilometers) east of Los Angeles, the LA County Sheriff’s Department said. The department said the … Read more

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