It is Official - TikTok Say Oppie cannot escape the Auspicous Almighty Labubu Doll

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Can’t escape Labubu: Singapore’s PAP Sengkang team unveils PAP uniform-wearing doll (VIDEO)​

Malay Mail
Wed, 25 September 2024 at 7:00 am GMT+81-min read

Malay Mail

Malay Mail
 
SENgkang Oppie...Good Hands love u deep deep and leemember u
 
Join the Bright Side...support Good Hands to fix your problems
 
Labubu will bless Good Health, Strong career luck if put in Office.
 
Grade A Auspicious Item..if can get signature from VVIP de woh
 

China’s ‘Blind Box’ Magic Breeds Millions of Peter Pans​

Pop Mart and its viral Labubu toys are giving underemployed young Chinese a way to daydream and escape.
29 October 2024 at 4:00 AM SGT
By Shuli Ren
Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder.


Avoiding adulthood in China, one blind box at a time.

Avoiding adulthood in China, one blind box at a time.
Photographer: Chen Yuyu/Visual China Group/Getty Images
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Almost four years after China launched its big consumer tech crackdown, a new breed of companies are catering to underemployed urban youth, and making billions of dollars off their desire to daydream and escape.

The most successful is perhaps Beijing-based Pop Mart International Group Ltd. The toymaker is on track to generate 11 billion yuan ($1.5 billion) in sales and 2.4 billion yuan in net income this year.

Its Hong Kong-listed shares have soared 240%, making 37-year-old founder Wang Ning, who owns roughly half of the company, a billionaire a few times over.
 
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