Pop Mart shares hit record highs after reporting a 400% profit surge on Labubu craze, upbeat guidance, and global expansion plans.

Pop Mart executives said on Wednesday they are optimistic about opportunities for the firm's proprietary art toys, including smash hit ugly-cute Labubu doll, to star in animated films and theme park attractions.

In a financial report released Aug. 19, Pop Mart said it has seen a net profit of 396% and a 204% jump in revenues due to Labubus.

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!

Labubu, the quirky, wide-eyed monster collectibles from Pop Mart have taken over toy shelves, TikTok feeds and keychains.

The following blind boxes will be available for purchase Tuesday night, Aug. 19: Have a Seat Vinyl Plush Blind Box − Single boxes and whole sets will be available to order during launch. Exciting Macaron Vinyl Face Blind Box (pre-order) − Single boxes and whole sets will be available to order during launch. The estimated shipping date is Sept. 29.

From now until Aug. 22, daily Labubu stock drops authenticated by StockX will go live on Walmart's website — here's how to get one