A human-sized Labubu doll was sold this week for a record 1.08m yuan ($150,324; £110,465), according to a Chinese auction house. The 131cm (4ft 4in) figurine was sold at the Yongle International Auction in Beijing. The auctioneer said it is now the most expensive toy of its kind in the world.

A life-size Labubu doll sold for more than $150,000 at a Beijing auction, making it one of the most expensive dolls in the world. The collectible joins the ranks of luxury items like diamond-studded Barbies and rare antique bears.

A rare, first-generation Labubu figure has sold for $150,000 in Beijing at an auction held exclusively for the toys that have taken the world by storm.