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Pop Mart profit more than doubles driven by Labubu-doll craze

Thanks to K-pop influence and surging international sales, Pop Mart’s Labubu figures are turning a niche toy company into China’s latest global success story.

Pop Mart profit more than doubles driven by Labubu-doll craze
Pop Mart’s Labubu dolls have become a global sensation, with viral demand, celebrity endorsement, and resale prices reaching $1,000 on the secondary market. Image: Pop Mart

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