Major Financial Rules
  • Investing
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
Major Financial Rules
No Result
View All Result
Home Latest News

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

admin by admin
May 31, 2025
in Latest News
0
These toys are so hot that Chinese customs agents have seized hundreds of them in recent weeks
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

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

Previous Post

Israel’s plan to ‘conquer’ Gaza is leaving Palestinians with little place to go: 5 maps show how

Next Post

Controversial new Gaza aid group isn’t screening recipients — despite being established to keep supplies from Hamas

Next Post
Controversial new Gaza aid group isn’t screening recipients — despite being established to keep supplies from Hamas

Controversial new Gaza aid group isn’t screening recipients — despite being established to keep supplies from Hamas

  • Trending
  • Comments
  • Latest
Israel hits Gaza hospital as strikes resume following hostage release

Israel hits Gaza hospital as strikes resume following hostage release

May 14, 2025
Emerging Stocks to Watch – Breakouts, Momentum & Upgrades!

Emerging Stocks to Watch – Breakouts, Momentum & Upgrades!

May 18, 2025
In Gaza, limited food aid meets desperate crowds and looting

In Gaza, limited food aid meets desperate crowds and looting

May 24, 2025
Legendary Brazilian photographer Sebastião Salgado dead at 81

Legendary Brazilian photographer Sebastião Salgado dead at 81

May 24, 2025
Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

0
Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

Jeff Bezos discloses plan to sell up to $4.8 billion in Amazon stock

0
Editor’s Picks: Gold Pulls Back, Experts Not Worried; Eyes on Fed Next Week

Editor’s Picks: Gold Pulls Back, Experts Not Worried; Eyes on Fed Next Week

0
Empire Metals Limited Announces Conference Presentations in Australia & N America

Empire Metals Limited Announces Conference Presentations in Australia & N America

0
Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

June 6, 2025
S&P 500 Bullish Patterns: Are Higher Highs Ahead?

S&P 500 Bullish Patterns: Are Higher Highs Ahead?

June 6, 2025
S&P 500 on the Verge of 6,000: What’s at Stake?

S&P 500 on the Verge of 6,000: What’s at Stake?

June 6, 2025
Clusters of Long Winning Streaks: What They’re Telling Us

Clusters of Long Winning Streaks: What They’re Telling Us

June 6, 2025
Master Your Money – Sign Up for Our Financial Education Newsletter!

    Ready to take your financial knowledge to the next level? Our newsletter delivers easy-to-understand guides, expert advice, and actionable tips straight to your inbox. Whether you're saving for a dream vacation or planning for retirement, we’ve got you covered. Sign up today and start your journey to financial freedom!

    Recent News

    Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

    Hedge Market Volatility with These Dividend Aristocrats & Sector Leaders

    June 6, 2025
    S&P 500 Bullish Patterns: Are Higher Highs Ahead?

    S&P 500 Bullish Patterns: Are Higher Highs Ahead?

    June 6, 2025
    S&P 500 on the Verge of 6,000: What’s at Stake?

    S&P 500 on the Verge of 6,000: What’s at Stake?

    June 6, 2025
    Clusters of Long Winning Streaks: What They’re Telling Us

    Clusters of Long Winning Streaks: What They’re Telling Us

    June 6, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: majorfinancialrules.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 majorfinancialrules.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Economy
    • Editor’s Pick
    • Latest News

    Disclaimer: majorfinancialrules.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 majorfinancialrules.com | All Rights Reserved