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Labubu Plushies Aren’t Just Toys. They’re a Brand New Frontier for Chinese Soft Power.

  • Pop Mart, a Beijing-based toymaker, popularized Labubu plush toys sold in blind boxes worldwide, fueling a global craze in 2025.
  • The craze stems from a blend of Chinese manufacturing advantages, cultural soft-power shifts, and viral celebrity endorsements like Lisa and Rihanna.
  • Pop Mart operates over 500 stores in 30 countries with 450 stores and 2,300 vending machines, while revenue in North America may reach $2.5 billion in 2025.
  • Experts say the thrill of unboxing, scarcity-driven demand, and a growing collector community drive continued purchases despite concerns about overspending.
  • Labubu’s success signifies increasing global acceptance of Chinese brands and soft power through cultural exports amid China’s open, innovative, and confident stance.
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They don't have the classic cuteness of a Barbie, nor the minimalist design of a Funko. Labubu dolls are something else entirely. Strange, with protruding teeth, a mischievous look, and an aesthetic that doesn't seek to please simply because they're beautiful.

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Portafolio.co broke the news in on Tuesday, June 24, 2025.
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