Latest news with #Labubu3.0
Economic Times
a day ago
- Entertainment
- Economic Times
Chinese customs seize 144 Pop Mart Labubu blind boxes at Wuhan Tianhe Airport
Wuhan customs officials seized 144 Labubu 3.0 blind boxes from two inbound passengers at Tianhe Airport. The figures, popular collectibles from Pop Mart, were intended for resale. The passengers chose the 'no declaration' lane and admitted to importing the goods for profit. The items are currently being held by customs Tired of too many ads? Remove Ads Wuhan customs detain Pop Mart Labubu figures for suspected resale Tired of too many ads? Remove Ads Customs officers at Wuhan Tianhe International Airport confiscated 144 Labubu 3.0 blind boxes collectible figures on June 17, from Pop Mart ( after identifying suspicious items during luggage scans. The incident involved two inbound passengers who used the 'no declaration' channel while arriving on a supervised international to a statement from the official WeChat account 'Customs Release,' customs authorities flagged irregular images in the luggage scans. Upon physical inspection, officials found that both individuals had packed large quantities of Pop Mart dolls, 144 units in total, all belonging to the Labubu 3.0 read: Rs 1.5 crore for a doll? The viral rise of Labubu and the madness behind it The passengers stated that the purpose of importing the Labubu figures was to assist others in bringing them into the country, with the intention to resell them for profit. As of now, the detained items have not been released and are being held in accordance with customs regulations Labubu, a product under the Pop Mart IP brand, has gained massive popularity worldwide, with collectors often queuing overnight to secure blind boxes upon release. The Labubu 3.0 series, in particular, has seen strong demand across Asia, making it a target for cross-border resale. Chinese customs regulations require individuals bringing commercial quantities of goods to declare them upon entry. The 'no declaration' channel is reserved for personal-use items within permitted limits. Failure to disclose commercial quantities may result in confiscation, fines, or further legal Mart continues to experience growth across international markets due to the success of IP figures like Labubu, Dimoo, and Skullpanda. The company has responded to increasing demand by expanding its distribution, though unauthorized resales and grey market imports remain ongoing challenges.
Time of India
a day ago
- Time of India
Chinese customs seize 144 Pop Mart Labubu blind boxes at Wuhan Tianhe Airport
Wuhan customs detain Pop Mart Labubu figures for suspected resale Customs officers at Wuhan Tianhe International Airport confiscated 144 Labubu 3.0 blind boxes , collectible figures on June 17, from Pop Mart ( after identifying suspicious items during luggage scans. The incident involved two inbound passengers who used the 'no declaration' channel while arriving on a supervised international flight. According to a statement from the official WeChat account 'Customs Release,' customs authorities flagged irregular images in the luggage scans. Upon physical inspection, officials found that both individuals had packed large quantities of Pop Mart dolls, 144 units in total, all belonging to the Labubu 3.0 series. Also read: Rs 1.5 crore for a doll? The viral rise of Labubu and the madness behind it The passengers stated that the purpose of importing the Labubu figures was to assist others in bringing them into the country, with the intention to resell them for profit. As of now, the detained items have not been released and are being held in accordance with customs regulations . Live Events Labubu, a product under the Pop Mart IP brand, has gained massive popularity worldwide, with collectors often queuing overnight to secure blind boxes upon release. The Labubu 3.0 series, in particular, has seen strong demand across Asia, making it a target for cross-border resale. Chinese customs regulations require individuals bringing commercial quantities of goods to declare them upon entry. The 'no declaration' channel is reserved for personal-use items within permitted limits. Failure to disclose commercial quantities may result in confiscation, fines, or further legal action. Wuhan customs officials seized 144 Labubu 3.0 blind boxes from two inbound passengers at Tianhe Airport. The figures, popular collectibles from Pop Mart, were intended for resale. The passengers chose the 'no declaration' lane and admitted to importing the goods for profit. The items are currently being held by customs Chinese customs seize 144 Pop Mart Labubu blind boxes at Wuhan Tianhe Airport Pop Mart continues to experience growth across international markets due to the success of IP figures like Labubu, Dimoo, and Skullpanda. The company has responded to increasing demand by expanding its distribution, though unauthorized resales and grey market imports remain ongoing challenges.
The Star
27-05-2025
- The Star
Chinese customs authorities crack down on toy doll smuggling
People look at collectable designer art toy Labubu at a Pop Mart pop-up store in Siam Center shopping mall in Bangkok on May 6, 2025. - AFP JINAN: The surge in cross-border resales of Pop Mart toys, with some rare editions fetching jaw-dropping prices, has blurred the line between proxy shopping and smuggling, as several Chinese customs authorities have reported undeclared toys being intercepted in quantities exceeding the allowed amount. In the past three months, Chinese customs authorities have reported multiple cases of intercepting undeclared Pop Mart toys, including popular Labubu and Molly figurines, carried by passengers who are seeking to profit from resales. In one instance, a total of 318 toys were seized from three travelers at Changsha Huanghua International Airport in Hunan province. In another case, a passenger at Hefei Xinqiao International Airport in Anhui province was caught with 94 toys, all intended for resale, according to the General Administration of Customs of China. 'The number of toys they brought with them exceeded the prescribed quantity for personal use, so they could face punishment according to related laws,' said Xu Hao, a lawyer at Beijing Jingsh Law Firm. China's Customs Law stipulates that transporting undeclared goods in excess of prescribed limits for profit-seeking purposes constitutes smuggling. If the evaded tax amount exceeds 50,000 yuan (US$6,940), it will be considered a smuggling crime that could carry a punishment of up to life in prison. Overseas Chinese students should be fully aware of the legal risks associated with similar resale activities, including but not limited to tax violations and counterfeit goods distribution, which may lead to severe consequences, Xu added. Pop Mart, a Beijing-based toy brand, has taken the global market by storm, with its limited-edition figurines becoming hot commodities both at home and abroad. The cases reported by Chinese customs authorities highlight the booming secondary market. The allure lies in the substantial profit margins. A customs declaration form submitted by one passenger showed that a Pop Mart Molly figurine in the passenger's possession was priced at 6,790 Thai baht (US$209). In China's secondary market, the same toy sells for an average of US$319 — leaving a sizable profit margin even after accounting for the 13 per cent value-added tax on such items. The 'hidden edition' of Labubu 3.0, originally priced at 99 yuan, now commands a price of more than 2,000 yuan. On a major Chinese secondhand goods platform, the hidden edition of Labubu 3.0 was listed at 2,699 yuan, with over 2,300 users marking it as 'wanted' and nearly 120,000 views recorded. 'Pop Mart is a Chinese brand, but overseas toy editions often feature exclusive collaborations not available in China, making them even more desirable,' said Sun Yuzhuoran, a buyer of Pop Mart products. Pop Mart's global expansion has further fueled the craze. With flagship stores in cities like Paris, London, New York and Bangkok, the brand reported 475 per cent year-on-year growth in its overseas revenue in the first quarter — five times that of its domestic market. The brand's popularity reflects consumption trends among young buyers. 'The affordable blind-box toys offer emotional value. It is about the thrill of spending just a few dozen yuan for some surprise,' said Li Ruihan, a university student in Jinan, Shandong province. 'But now, some editions sell for hundreds of yuan,' said Li. - China Daily/ANN
Straits Times
27-05-2025
- Straits Times
Chinese customs authorities crack down on toy doll smuggling
In the past three months, Chinese customs authorities have reported multiple cases of undeclared Pop Mart toys. PHOTO: AFP JINAN - The surge in cross-border resales of Pop Mart toys, with some rare editions fetching jaw-dropping prices, has blurred the line between proxy shopping and smuggling, as several Chinese customs authorities have reported undeclared toys being intercepted in quantities exceeding the allowed amount. In the past three months, Chinese customs authorities have reported multiple cases of intercepting undeclared Pop Mart toys, including popular Labubu and Molly figurines, carried by passengers who are seeking to profit from resales. In one instance, a total of 318 toys were seized from three travelers at Changsha Huanghua International Airport in Hunan province. In another case, a passenger at Hefei Xinqiao International Airport in Anhui province was caught with 94 toys, all intended for resale, according to the General Administration of Customs of China. 'The number of toys they brought with them exceeded the prescribed quantity for personal use, so they could face punishment according to related laws,' said Mr Xu Hao, a lawyer at Beijing Jingsh Law Firm. China's Customs Law stipulates that transporting undeclared goods in excess of prescribed limits for profit-seeking purposes constitutes smuggling. If the evaded tax amount exceeds 50,000 yuan ($8,901), it will be considered a smuggling crime that could carry a punishment of up to life in prison. Overseas Chinese students should be fully aware of the legal risks associated with similar resale activities, including but not limited to tax violations and counterfeit goods distribution, which may lead to severe consequences, Mr Xu added. Pop Mart, a Beijing-based toy brand, has taken the global market by storm, with its limited-edition figurines becoming hot commodities both at home and abroad. The cases reported by Chinese customs authorities highlight the booming secondary market. The allure lies in the substantial profit margins. A customs declaration form submitted by one passenger showed that a Pop Mart Molly figurine in the passenger's possession was priced at 6,790 Thai baht (S$268). In China's secondary market, the same toy sells for an average of S$410 — leaving a sizable profit margin even after accounting for the 13 per cent value-added tax on such items. The 'hidden edition' of Labubu 3.0, originally priced at 99 yuan, now commands a price of more than 2,000 yuan. On a major Chinese secondhand goods platform, the hidden edition of Labubu 3.0 was listed at 2,699 yuan, with over 2,300 users marking it as 'wanted' and nearly 120,000 views recorded. 'Pop Mart is a Chinese brand, but overseas toy editions often feature exclusive collaborations not available in China, making them even more desirable,' said Mr Sun Yuzhuoran, a buyer of Pop Mart products. Pop Mart's global expansion has further fueled the craze. With flagship stores in cities like Paris, London, New York and Bangkok, the brand reported 475 per cent year-on-year growth in its overseas revenue in the first quarter — five times that of its domestic market. The brand's popularity reflects consumption trends among young buyers. 'The affordable blind-box toys offer emotional value. It is about the thrill of spending just a few dozen yuan for some surprise,' said Mr Li Ruihan, a university student in Jinan, Shandong province. 'But now, some editions sell for hundreds of yuan,' said Mr Li. CHINA DAILY/ASIA NEWS NETWORK Join ST's Telegram channel and get the latest breaking news delivered to you.
South China Morning Post
28-04-2025
- Business
- South China Morning Post
Labubu toymaker Pop Mart is latest Chinese app to go viral in the US
Trend-toy maker Pop Mart topped the shopping category in Apple's US App Store on Friday, becoming the latest Chinese app to capture the hearts of American consumers, thanks to the popularity of its Labubu plush dolls. Advertisement In overall app rankings, Pop Mart surged to seventh place, according to online traffic data provider Sensor Tower. It dropped out of the top 25 by Sunday and ranked 21st among shopping apps. The Pop Mart app's dramatic rise coincided with the launch of Labubu 3.0 , or 'Big Into Energy' – a vibrant collection of seven Norse mythology-inspired 'monsters' designed by Hong Kong-born artist Lung Ka-sing. Shares of Beijing-based, Hong Kong-listed Pop Mart rose 12 per cent to HK$193 at the close of trading on Monday. A Pop Mart store in a shopping mall in Beijing. Photo: EPA-EFE Pop Mart's ascent in US download charts follows the growing popularity of other Chinese shopping apps, such as wholesale platform DHgate and Alibaba Group Holding's Taobao marketplace . American consumers have been seeking direct access to low-cost Chinese goods amid tariffs imposed by US President Donald Trump. Advertisement Alibaba owns the South China Morning Post.
