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The Chinese Toy Company Defying the Trade War

Big Take

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The Rise of Pop Mart's Blind Box Toys

This chapter investigates the soaring popularity of Pop Mart's blind box toys, particularly the 'Labubu' figure, and the thrill of unboxing among collectors in Hong Kong. It captures the company's financial success and strategic resilience despite economic challenges and international market hurdles. The discussion highlights how this trend speaks to a younger audience's quest for collectibles amid a struggling economy.

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