Labubu has been a bonanza for Pop Mart. Its revenue more than doubled in 2024 to 13.04 billion yuan ($1.81 billion), thanks ...

A seemingly unassuming $30 toy made by Chinese toy company Pop Mart is sending shoppers into overdrive as even A-listers are shelling out thousands of dollars for the limited-edition dolls.

If you've seen videos of people tearing into tiny toy packages online, or noticed teens obsessing over pastel-colored ...