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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
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
An exhibition room at Pop Mart’s theme park, Pop Land, in Beijing, on June 18, 2025. Pedro Pardo | Afp | Getty Images Beijing may have warned against “blind box” toys, but analysts are betting that Pop Mart International — the company behind Labubu dolls — will remain one of China’s hottest consumer brands this … Read more
A 30-year-old Chinese fund manager is trouncing peers this year with a portfolio stocked with Gen Z-favored names like Pop Mart International Group, betting that new-age shopping trends can help his fund overcome the country’s economic sluggishness. Xie Tianyuan’s Penghua Selected Return Flexible Allocation Mixed Fund has returned 24% this year, ranking in the top … Read more
Surprise commentary from a Chinese state-owned media outlet helped to send shares of Pop Mart, the toy store behind the buzzy Labubu dolls, down by 3.6% in Hong Kong trading Friday. People’s Daily, a state media outlet, published an article on Friday criticizing the practice of selling “blind boxes,” a practice in which chains sell … Read more
Customers browse a POP MART display filled with Labubu characters and collectible figures from The Monsters series on June 16, 2025 in Chongqing, China. Cheng Xin | Getty Images News | Getty Images BEIJING — Shares in Pop Mart, the Chinese toy company behind the recent Labubu craze, continued to tumble Friday, after Morgan Stanley … Read more
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