Pop Mart, Labubu
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In a financial report released Aug. 19, Pop Mart said it has seen a net profit of 396% and a 204% jump in revenues due to Labubus.
Pop Mart executives express optimism about opportunities for their art toys, including the Labubu doll, to feature in animated films and theme park attractions. Following record half-year results, the company is also considering geographic expansion into emerging markets like the Middle East and South America.
Lafufus are counterfeit versions of Labubus that have proliferated in the wake of the original's popularity, with everyone from street vendors to Facebook sellers either selling them outright as fakes or attempting to pass them off as originals in order to profit off the scarcity of the original.
The following blind boxes will be available for purchase Tuesday night, Aug. 19: Have a Seat Vinyl Plush Blind Box − Single boxes and whole sets will be available to order during launch. Exciting Macaron Vinyl Face Blind Box (pre-order) − Single boxes and whole sets will be available to order during launch. The estimated shipping date is Sept. 29.
If you're on the hunt for a Labubu doll for your child, be on the lookout for fakes - they come with an urgent warning!
Revenue outside mainland China jumped to US$778 million in the first six months, making up about 40 per cent of total sales.
From now until Aug. 22, daily Labubu stock drops authenticated by StockX will go live on Walmart's website — here's how to get one
First created in 2015 by the Hong Kong artist Kasing Lung, Labubus are fuzzy elf toys from the Chinese brand Pop Mart with keychain rings attached. After K-pop superstar Lisa started wearing them on her designer handbags in 2024, the toys became baubles displayed like precious gems on purses and backpacks worldwide.