SHANGHAI — The global frenzy over Labubu toys fueled a nearly fivefold rise in Chinese toymaker Pop Mart International Group’s net profit in the first half of the year.
Toy sales surge overseas, but falling secondhand prices raise longevity questions
Labubu dolls at Pop Mart’s flagship store in Shanghai in June. The popularity of the toys has fueled the company’s rapid rise. © Reuters
WATARU SUZUKI
August 19, 2025 18:58 JST
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