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Mohammad Ali Shah

Co Founder & CEO at ...ย โ€ขย 8m

Labubu: How a โ€œCursedโ€ Toy Became a Billion-Dollar Lifestyle Trend Crazy, right? A monster-elf plush toy called Labubuโ€”with toothy grin and big eyesโ€”has sparked a global frenzy: Popโ€ฏMart made nearly $1.8โ€ฏbillion in 2024 from toys like this; over $400โ€ฏmillion from Labubu alone Celebs like Rihanna, Duaโ€ฏLipa, Lisa (BLACKPINK) turned it into a fashion accessory In India, collectors are paying โ‚น5kโ€“โ‚น15k+, even as street knockoffs sell for โ‚น200 each Obviously not just a kidโ€™s toyโ€”Labubu combines nostalgia, surprise (blind boxes), collectibles, and social media culture. What startup lesson can we learn here? Is surprise/unboxing the future of product engagement? Or is this a bubble? or Celebrity hype?

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