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Mohammad Ali Shah

Co Founder & CEO at ... • 1d

Labubu: How a “Cursed” Toy Became a Billion-Dollar Lifestyle Trend Crazy, right? A monster-elf plush toy called Labubu—with toothy grin and big eyes—has sparked a global frenzy: Pop Mart made nearly $1.8 billion in 2024 from toys like this; over $400 million from Labubu alone Celebs like Rihanna, Dua Lipa, Lisa (BLACKPINK) turned it into a fashion accessory In India, collectors are paying ₹5k–₹15k+, even as street knockoffs sell for ₹200 each Obviously not just a kid’s toy—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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