Mini Labubu prices decline as speculative frenzy subsides
The once-premium value of Labubu collectibles is diminishing in China’s secondary markets, signaling a decline in speculative demand as collectors become more cautious about the value of Asia’s highly hyped…
Labubu doll sells for $150,000 at auction amid soaring demand
A human-sized Labubu doll sold for an impressive 1.08 million yuan (approximately US$150,000) at an auction in Beijing, highlighting the rising craze for this popular collectible toy embraced by celebrities.…