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Labubu toys
Labubu plush toy tycoon Wang Ning’s fortune shrinks by $11B
Wang Ning, chairman and CEO of Labubu toy producer Pop Mart International Group, has seen his net worth plunging US$11.3 billion four months amid concerns about the company’s long-term performance.
From surpassing Jack Ma to losing $6B: How Popmart billionaire Wang Ning’s fortune skyrockets and then plunges with the Labubu hype
Chinese boy destroys $56,000 ceiling, chandelier after Labubu toy refusal
Morgan Stanley favors Labubu toymaker Pop Mart shares despite recent plunge
Morgan Stanley remains optimistic about Pop Mart International Group’s stock despite a 10% drop, seeing it as a buying opportunity due to the toymaker’s strong growth prospects driven by popular new product launches.
August 4, 2025 | 09:12 pm PT
Chinese toy maker Pop Mart sues 7-Eleven in US for selling fake Labubu dolls
Chinese toy maker Pop Mart International has sued several 7-Eleven store operators in the U.S. for allegedly selling counterfeit versions of its iconic Labubu plush toy and violating its trademarks.
July 24, 2025 | 06:58 pm PT
Labubu plush toy maker Pop Mart expects 350% spike in profit
Pop Mart International Group, the Chinese toymaker behind the global plush monster lineup Labubu, expects its first-half profit to surge 350% year-on-year thanks to growing demand.
July 15, 2025 | 08:50 pm PT
From small China store to $40B toy empire: How Pop Mart rose to global fame with Labubu dolls
Started in 2010 by then-23-year-old entrepreneur Wang Ning as a small shop selling toys in China, Pop Mart has grown into a giant with a market cap of US$40 billion thanks to the popularity of its Labubu character.
June 24, 2025 | 03:26 pm PT
Toy maker Pop Mart’s founder Wang Ning now China’s 10th richest billionaire on Labubu craze
Wang Ning, founder of Pop Mart, has become China’s 10th richest man as the toy maker’s Labubu dolls take the world by storm, boosting his net worth to US$22.7 billion.
June 13, 2025 | 12:57 am PT
Pop Mart to pursue legal action over unauthorized use of Labubu in food products
Chinese company Pop Mart, the intellectual property (IP) manager for the popular art toy character Labubu, is pursuing legal action against food retailers using the character without authorization.
November 25, 2024 | 10:23 pm PT
Vietnamese spend big on limited art toy Labubu
Vietnamese collectors spent at least VND5 billion ($200,000) purchasing the fluffy Labubu monsters in the second quarter this year as the limited Chinese toy rises in popularity.
August 9, 2024 | 04:17 pm PT