张朝阳后悔“退货”！一个绝版Labubu，被胡润拿去换了一辆车，整车原价值上百万元

Core Viewpoint - The article discusses the recent viral event surrounding the unique Labubu toy and its exchange journey, highlighting the increasing value and popularity of collectible toys in the market. Group 1: Labubu's Exchange Journey - The unique Labubu toy was exchanged multiple times, ultimately reaching Zhang Chaoyang, who later regretted returning it to Hu Run after its auction value skyrocketed [12][13][15]. - Hu Run initiated a challenge to exchange a $10 phone holder for items worth $1 million, which included the Labubu toy [8]. - The Labubu toy was previously exchanged for a car valued at nearly 1 million yuan, showcasing its significance in the collectible market [3][12]. Group 2: Auction and Market Value - A mint condition Labubu was auctioned for 1.08 million yuan, setting a new record for Labubu collectibles [13]. - The auction included a limited edition brown Labubu that sold for 820,000 yuan, indicating a strong demand for these collectibles [13]. - The collectible toy market, particularly for brands like Pop Mart, has seen significant growth, with Pop Mart's revenue reaching 13.038 billion yuan in 2024 and a market capitalization of 366.1 billion HKD [18]. Group 3: Cultural Impact - The popularity of Labubu and similar collectibles reflects a broader trend of Chinese cultural products gaining international recognition, enhancing China's global image [20]. - The rise of the blind box economy has contributed to the success of collectible brands, indicating a shift in consumer behavior towards unique and limited-edition items [18].