Labubu is on track to become a billion-dollar business by the end of the year as sales surpass Hot Wheels and Barbie dolls, parent company Pop Mart reported Aug. 19. Labubus are collectible plush toy ...
Labubu is securing the bag—in more ways than one. As sales of the toy continue to skyrocket, Mart’s Wang Ning is cashing in on a staggering, 10-digit profit. Ning—who is the founder, chairman and CEO ...