Archive · 11 Jun 2025
Labubu Doll Craze Drives Pop Mart Stock Up Nearly 200%
A toy called Labubu, created by artist Kasing Lung, has become very popular and helped a company called Pop Mart.
Pop Mart sells these toys, often in mystery boxes.
The popularity of Labubu, boosted by celebrities, has caused Pop Mart's stock price to go up a lot.
The company's earnings have more than doubled.
Some experts think the stock might slow down soon.
Pop Mart's share price has increased by nearly 200% in 2025.
The Labubu doll was created by Hong Kong artist Kasing Lung.
K-pop star Lisa from Blackpink and David Beckham have been seen with the Labubu doll.
Pop Mart's net income rose 188% to 3.1 billion yuan in 2024.
The stock is potentially overextended, and a correction may be possible.
- Who
- Pop Mart, Kasing Lung, Lisa from Blackpink, David Beckham
- What
- Pop Mart's stock price has surged due to the popularity of Labubu dolls.
- When
- Since February 2024
- Where
- Hong Kong Stock Exchange
- Why
- Due to the massive popularity of Labubu dolls and the company's strategic response.
- Company
- Pop Mart
- Stock Exchange
- Hong Kong
- Stock Price Increase (YTD)
- Nearly 200%
- Doll Creator
- Kasing Lung
- 2024 Net Income
- 3.1 billion yuan
Sources
Labubu human-sized figure sells for over $150,000 at Beijing auction
New record for ‘blind box’ toy: Human-sized Labubu figure sold for whooping $150,000 at Beijing auction — Check details
Labubu or Lafufu? How To Tell If Your Viral Toy Is Real Or Fake
In Pics: Human-sized blind box Labubu sold for record $150K at Beijing auction
Dua Lipa, Sharvari, Hilary Duff Are Obsessed with This Cute Labubu Toy
Life-Sized Labubu Doll Sells For More Than $150,000 In Record-Breaking Beijing Auction
Labubu Doll Fetches $150,000 at China Auction as Demand Rages