The viral, ugly doll that's taking Asia by storm is proving to be one heck of a cash cow
Labubu, a creepy doll with serrated teeth, made PopMart a lot of money.
Raimonda Kulikauskiene/Getty Images
- Chinese toymaker PopMart's most viral toy, Labubu, made a lot of money in 2024.
- Sales from "The Monsters" toy line, which Labubu is part of, accounted for 23% of PopMart's annual sales.
- PopMart's revenue grew 107% in 2024, and its profits more than doubled from the year before.
Labubu, the doll with serrated teeth that has Asia in a chokehold, made its producer a lot of money in 2024.