A human-sized Labubu doll, designed by Kasing Lung and produced by Pop Mart, fetched a record-breaking $150,324 at a Beijing auction, highlighting the growing value of designer toys. Fueled by celebrity endorsements and viral TikTok trends, Labubu’s popularity has surged from a niche collectible to a global phenomenon. This sale underscores the increasing investment interest in collectible art toys.