Day Trading Reports
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

Day Trading Reports

World News

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

by admin May 31, 2025
May 31, 2025
These toys are so hot that Chinese customs agents have seized hundreds of them in recent weeks

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
More than 100 people killed after floods submerge market town in Nigeria

Related Posts

William and Kate mark Valentine’s Day with a...

February 15, 2025

UK Supreme Court says legal definition of ‘woman’...

April 17, 2025

Lebanon’s president says he seeks to disarm Hezbollah...

April 17, 2025

Six Americans freed in Venezuela after Trump envoy...

February 1, 2025

Hundreds killed in Syria clashes, rights monitoring group...

March 8, 2025

Hamas hands bodies of four Israeli hostages to...

February 20, 2025

The tide is turning on shark nets at...

April 9, 2025

South Korea fights deadly wildfires in southeast as...

March 24, 2025

Chaos erupts on first day of US-backed aid...

May 28, 2025

US looks to make headway on Trump’s ceasefire...

March 24, 2025

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Forum Energy Metals and Global Uranium Announce Exploration Update on Drill Targeting, Northwest Athabasca Project, Saskatchewan

      January 31, 2025
    • 2

      Mega M&A: Rio Tinto-Glencore Merger Sparks Chatter

      January 28, 2025
    • 3

      Excellent 90% recoveries at Cork Tree Well & Board Update

      February 17, 2025
    • 4

      Financial Agreement signed releasing $2M grant

      January 23, 2025
    • 5

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 6

      Cyclopharm Signs US Agreement with HCA Healthcare for Technegas®

      January 23, 2025
    • 7

      FDA officially authorizes Zyn nicotine pouches for sale following health review

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: daytradingreports.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 daytradingreports.com | All Rights Reserved