Net profits of Labubu maker, Pop Mart, have soared by nearly 400%, and the company's Hong Kong-listed shares are up more than 570%, and it's now worth more than twice as much as Mattel – which makes Barbie. We will look at why these elf-like dolls, made by the Chinese, are trending.

If you're on the hunt for a Labubu doll for your child, be on the lookout for fakes - they come with an urgent warning!

Golden State Warriors superstar Steph Curry hilariously was gifted a "Labubu" while in China for his Curry camp on Sunday.

Dupes of the internet-viral Labubu dolls are being sold around the world. Chinese authorities are now seizing them by the thousands in a counterfeit crackdown.

Labubus dolls are only available through online purchases and in-store pickups, if you can find one in stock. Adding to the scarcity factor is the blind-box packaging.

The U.S. Consumer Product Safety Commission has issued an urgent warning about fake Labubu dolls for posing a serious choking risk to young children.

First created in 2015 by the Hong Kong artist Kasing Lung, Labubus are fuzzy elf toys from the Chinese brand Pop Mart with keychain rings attached. After K-pop superstar Lisa started wearing them on her designer handbags in 2024, the toys became baubles displayed like precious gems on purses and backpacks worldwide.

China, long known as the counterfeit capital of the world, has discovered a new respect for intellectual property. It’s hard to say what’s more amusing about the meteoric rise of China’s Labubu toys: the bizarre appearance of the dolls themselves or the fact that they’ve spawned knockoffs that are sometimes just as popular as the originals.