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Labubus — small plush toys that look like mischievous monsters — have taken the world by storm. Chinese toymaker and retailer Pop Mart has sold millions of dollars’ worth of Labubus. There’s even a booming resale market, on top of a thriving operation of counterfeits called Lafufus.
Host Elahe Izadi speaks with reporter Kelly Kasulis Cho about how Labubus became the latest trend, and why these little toys have become a symbol of China’s developing economic strategy.
Today’s show was produced by Thomas Lu. It was edited by Ariel Plotnick and mixed by Rennie Svirnovskiy.
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