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

An Australian zoo has found its biggest-ever funnel-web...

January 8, 2025

Romania’s outgoing president quits to pre-empt impeachment bid...

February 10, 2025

Hungarian government clamps down on Pride march, citing...

February 28, 2025

What Kate’s surprise visit says about her recovery

October 11, 2024

Why these Gulf states want to be AI...

September 16, 2024

Kurdish-led Syrian Democratic Forces to merge with Syrian...

March 11, 2025

Trump expects Hamas response to ceasefire in hours...

July 4, 2025

South Korea’s birth rate rose for the first...

February 26, 2025

More than 200 dead after Dominican Republic nightclub...

April 10, 2025

Quakers say London police arrested six people at...

March 29, 2025

    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

    • Former FBI Director Robert Mueller has Parkinson’s disease: report

      September 1, 2025
    • Trump says he will require voter ID with executive order

      August 31, 2025
    • Trump nominees squeezed between ‘blue slips’ and blue obstruction

      August 31, 2025
    • Trump appointee exits US foreign aid agency after four-month sprint: ‘Mission accomplished’

      August 31, 2025
    • Sen. Bernie Sanders calls on RFK Jr. to resign following departure of CDC officials

      August 31, 2025
    • Israel eliminates Houthi prime minister in Yemen airstrike targeting senior government officials

      August 31, 2025

    Categories

    • Business (786)
    • Investing (661)
    • Politics (5,417)
    • 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 © 2025 WhaleLargeCapital.com | All Rights Reserved