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Labubu Fans Flock to Stores After Launch of Mini Dolls

Pop Mart's mini Labubu dolls sold out minutes after release, with resellers marking up prices by up to 230%, reflecting sustained global collector demand.

  • Pop Mart International Group launched its new mini Labubu dolls online and in stores on August 28 and 29, 2025, selling out almost instantly across China and key overseas markets.
  • The launch followed strong consumer demand driven by the dolls' hand-sewn complexity, which Pop Mart CEO Wang said causes a slow, staggered release limiting production speed.
  • The 10.5cm mini Labubus come in 28 standard editions priced at 79 yuan each in China and are sold via blind boxes, creating a high demand bolstered by influencer and celebrity exposure.
  • Resellers offered full 14-box cases at up to 2,600 yuan—more than double the official 1,106 yuan retail price—with Wang Xiaolei planning to resell at about 1,700 yuan, netting around 600 yuan profit.
  • Pop Mart's stock rallied 262% in 2025 to HK$435.7 billion market value, making founder Wang one of China's youngest billionaires, while the sustained demand signals ongoing strong enthusiasm for Labubu products.
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The Labubu figurines, these small smiling monsters, generated record revenues for the Chinese retailer Pop Mart in the first half of 2025. The Labubu already account for a third of Pop Mart's sales. Abroad, the growth is spectacular: +1100 % in America, +730% in Europe. The Chinese toy giant has just launched a new collection in mini version, something to delight fans.

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Labubu fans flock to stores after launch of mini dolls

A dozen furry dolls strung together on a metal chain dangled from Labubu fan Maki Li's neck as he proudly posed for photos in front of a store selling the toys in central Beijing on Friday.

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Bloomberg broke the news in United States on Thursday, August 28, 2025.
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