Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

World News

These toys are so hot that Chinese customs agents have seized hundreds of them in recent weeks

by May 31, 2025
May 31, 2025
These toys are so hot that Chinese customs agents have seized hundreds of them in recent weeks

Unveiling their latest seizure in front of news cameras last month, two Chinese customs agents revealed not drugs or weapons – but suitcases full of plush toys.

The stash on display included dozens of Pop Mart Labubus – the toothy, fluffy figurines that have sparked buying frenzies around the world, and in some cases, brawls among fans outside shops selling them.

“It’s almost impossible to get a Labubu via the official channels,” she said.

Fans are instead turning to unusual sources – including buying from smugglers.

Details and footage of one seizure were posted by China’s Customs Administration on social media, which stated that that the toys were intended “for profit by resale” and seized in accordance with law.

The post did not say whether any of the Labubu smugglers faced other legal consequences.

Labubu is the brainchild of Hong Kong-born illustrator Kasing Lung, and it has quietly built a loyal following since its 2015 debut.

But in recent months, the bunny-bodied, elf-faced creature — equal parts grotesque and adorable — has soared in popularity. Stars including Rihanna, Dua Lipa, and Lisa from K-pop group Blackpink have worn Labubus like lucky charms, and the toys were even spotted at Paris Fashion Week this year.

According to Chinese state-owned media outlet Cover News, a blind box from the latest Labubu 3.0 series, originally priced at 584 yuan ($81), has been selling for between 1,000 ($139) and 2,000 yuan ($278) on the second-hand market.

Pop Mart’s annual results show that the company’s global gross profit surged by over 125% last year, while its revenue in mainland China reached more than $1.09 billion, 34% higher than 2023.

“Because they are not available on official platforms, if you’re in a rush to get a gift for a friend, you just can’t manage to get the popular ones in time,” said Yang.

“You can only pay extra to buy from resale platforms.”

This post appeared first on cnn.com
0
FacebookTwitterGoogle +Pinterest
previous post
Trump tariff plan faces uncertain future as court battles intensify
next post
Hunter Biden seen driving Toyota rental in South Africa after his Secret Service detail was terminated

You may also like

41 killed in bus accident in southern Mexico

February 9, 2025

Wanted world leaders cast a wary eye at...

April 6, 2025

Israeli forces surround Gaza hospital and order evacuation:...

December 27, 2024

Russian-made plane engine catches fire after landing in...

November 25, 2024

ISIS-affiliated inmates kill four prison officers at Russian...

August 23, 2024

Pope Francis calls for investigation into Gaza genocide...

November 18, 2024

Bear attacks worker, ransacks meat section in Japan...

December 2, 2024

Pope Francis used WhatsApp to stay connected to...

April 27, 2025

Vietnam appoints fourth president in nearly two years...

October 22, 2024

Man arrested in Pakistan for alleged role in...

August 21, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Civil rights group declares ‘state of emergency,’ pointing at Trump admin

      July 17, 2025
    • SCOOP: House fiscal hawks warily accept Senate’s $9B Trump spending cuts package

      July 17, 2025
    • Two Republicans vote against Trump’s $9 billion clawback of foreign aid, NPR funding

      July 17, 2025
    • Big government, big problems: Public corruption highest in places with large bureaucracies, report says

      July 17, 2025
    • These are the Republicans who voted against Trump’s $9 billion clawback of foreign aid, NPR funding

      July 17, 2025
    • Trump urged to aid Yemen’s anti-Houthi forces as terror group escalates attacks on shipping

      July 17, 2025

    Categories

    • Business (718)
    • Investing (661)
    • Politics (4,948)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 WhaleLargeCapital.com | All Rights Reserved