In a recent incident at the Wuhan Tianhe Airport, customs officials intercepted two individuals attempting to bypass standard declaration procedures. Their luggage, however, raised suspicions during X-ray screening.
Upon inspection, authorities discovered a cache of 144 Pop Mart figurines.
The travelers admitted their intention was to resell the toys for profit after importing them. The merchandise has been temporarily impounded pending further investigation.
The haul consisted of Labubu 3.0 blind box sets.
The Labubu series has captured significant attention recently, with the 3.0 series box sets (containing six figures and originally priced at 594 yuan) now fetching between 1500 and 2000 yuan in the secondary market.
Individual blind box figures, which initially retailed for 99 yuan, are now reselling for between 300 and 600 yuan, while rare “hidden” versions can command prices exceeding 4,000 yuan.
Labubu, created by Hong Kong artist Kasing Lung, is a character from “The Monsters” collective.
The character’s distinctive features, including nine teeth and pointed ears, coupled with its playful expression, have resonated globally, driving demand for Pop Mart’s LABUBU series.
The soaring popularity of Labubu has coincided with a surge in Pop Mart’s stock price, with the company’s founder, becoming the wealthiest individual in Henan province on June 9th.
Adding to the hype, a collectible mint-colored LABUBU figurine realized 1.08 million yuan ($149,000 USD) at a spring auction.
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