Labubu craze! A human-sized doll auctioned for over $150,000
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US$500,000, with one selling for US$150,000 at an auction in Beijing, reflecting the soft toys’ rising cachet.
A 4-foot-tall Labubu doll sold for a record of more than $170,000 Tuesday in Beijing during the world’s first auction dedicated to the red-hot collectible toys. The sale, part of Yongle Auctions' Labubu art auction, was one of many first-generation Labubu figures sold at the event.
Labubu, the viral plush toy, is causing a global frenzy, with fans in India and worldwide spending thousands on the elusive blind-box collectibles.