HONG KONG -- China's burgeoning "designer" toy industry has entered the spotlight with the meteoric rise of Pop Mart, whose blind boxes with random toys have won the hearts and wallets of young consumers.
Retail
China's Pop Mart soars past Sanrio in market cap on Labubu blind box boom
Shares triple as social media fandom plus appeal of luck of the draw buoy sales
Pop Mart's Labubu toy line has found fans beyond its home country of China, including in Thailand. (Photo obtained by Nikkei)
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