Labubu-maker soars on earnings
CNBC Televisionยท2025-08-20 16:48
Welcome back. If you don't know about it right now, your kid will surely be asking for one around the holidays. The Laboo, the so-called ugly cute doll, the newest sensation taking the world by storm.It's not just kids, by the way. And it's Chinese parent company benefiting as well. Shares of PopMart surging more than 650% just in the past year.Our Ununice Yun is in Beijing with the story. How did this happen, Ununice. Well, Sarah, there just a lot of people who are so excited about this character.So, first ...