Labubu doll

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Pop Mart’s Labubu Doll Frenzy Drives Huge Sales
Bloomberg Television· 2025-08-20 06:00
I'm talking about Pop Mart now. Oh, no. I mean, that's I know where this is going.Oh, he's got to talk about it, right. Huge numbers rise out of a huge revenue and profit growth, boosted, of course, by the global demand for its hugely popular Labubu doll. That's a lot of huge in one sentence.Let's bring in our China correspondent Minmin Low to walk us through some of the key highlights of those results. Minmin. Yes, traders had really sky high expectations for the company, but not only met them, but beaten ...
What’s the Labubu doll got to do with China’s economy? #bloomberg
Bloomberg Television· 2025-06-14 03:00
A bank in China has been barred from trying to lure customers by giving away these wildly popular Leubu dolls. Financial institutions like Ping and Bank are trying to capitalize on raging demand for PopMart's monster characters with a life-siz collectible recently fetching $150,000 at auction. Regulators stepped in to shut down the marketing stunt, Bloomberg News reported, citing sources who said these giveaway practices drive up costs and hurt margins.But the promotional tactic of resorting to Leubu dolls ...