Labubu doll was sold for $ 150,000 at a China auction. The toy has become a viral trend on tiktok

A Labubu doll of human size was sold this week for the record amount of $ 150,324, according to a Chinese auction house.

A Labubu doll sold with very high price at photo auction: X

The 131 cm figurine was sold at Yongle International Auction in Beijing. The auction house has said that it is now the most expensive toy of its kind in the world.

Labubu dolls are strange monstrous characters, created by a decade ago by the long Kasing artist in Hong Kong, whose popularity has increased in recent years, following a series of sponsorships of celebrities, according to the BBC.

Labubu dolls, sold by the Chinese Pop Mart toy company, usually cost about $ 6, 9.

This week's auction was dedicated entirely to Labubu. 48 articles were put up for sale in the presence of about 200 people.

The figurines sparked a global buying frenzy after frequently appeared in Lisa's social networks, from the Blackpink K-Pop group.

Plus toys have become a Tiktok viral trend after they were worn by other celebrities, including Rihanna and Dua Lipa.

Former England football captain David Beckham also posted a photo on Instagram with a Labubu attached to his bag.

Earlier this year, Pop Mart withdrew dolls from all stores in the United Kingdom, following stories that customers were fighting for them.

The Chinese retailer often sells collection toys in mysterious “blind boxes”.

These articles are popular among customers who find out the design of the figurine only after they have opened the packaging.

How the doll was created

Producer Labubu Pop Mart doubled his profits in the last year and considers global expansion in 2025. Last year, the company opened new stores in five countries, including Italy and Spain, writes BBC.

The company, which was established 15 years ago, was described as “rIdicizing the purchase of toys to the rank of fashion knowledge ” And it was praised for adopting non -traditional models, which made it a success among collectors.

Long Kasing artist is behind some of their popular toys, including The Monsters and Labubu.

He attributes to life in the lower countries the inspiration behind the dolls.

“I liked to read stories books and I was influenced by the legends of the ancient European elves ”says the artist.

Lung added that, during his childhood, “There were no game consoles or computers, so I had to draw dolls with a pen, so I had the idea to paint fairy tales since I was a kid.”

He came with the first drawings in 2015 and signed a license agreement with Pop Mart in 2019 to turn them into toys.

Labubu as a name does not have a specific significance, he is a fictional character based on a creature similar to an elf.

There are several Labubu dolls, such as vinyl figurines, plush toys, but key versions have become the most popular.