Pop Mart’s Labubu dolls have exploded into a global phenomenon, going viral on TikTok, selling out in seconds, and commanding six-figure prices at auction. In this episode, we explore how a quirky $15 blind box toy became the crown jewel of a $43 billion business. From artist-driven IP to a booming adult collector market, Pop Mart is reshaping how China exports culture. But with rising regulation and fears of a blind box crackdown, could Labubu’s moment already be peaking?This video is for informational purposes only and reflects the views of the host and guest, not Public Holdings or its subsidiaries. Mentions of assets are not recommendations. Investing involves risk, including loss. Past performance does not guarantee future results. For full disclosures, visit Public.com/disclosures.
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