Labubu dolls jumped from niche art toys to global obsession driven by scarcity, celebrity buzz and soaring resale prices, then the craze began slipping as fakes spread, prices fell and collectors burned out.

Sony Pictures has acquired adaptation rights to Labubu dolls and intends to develop a feature film based on the pop culture fixation.

Labubu dolls are getting the Hollywood treatment with a movie adaptation. According to multiple reports, Sony Pictures has an unspecified project about the popular Pop Mart collectible toys.

Founded in 2004 in Mexico City by artist and entrepreneur Amparo “Amparin” Serrano, Distroller was known for its vibrant and playful designs featuring iconic motifs like the Virgin of Guadalupe and Amparin’s own whimsical creations.

A Labubu movie is reportedly in early development after Sony acquired the movie rights to the doll that became a trendy phenomenon worldwide.

Deadline has confirmed that a movie based on the Labubu doll plush line is in early works at Sony.

Mystery packaging hides the specific toy inside. They appeal to customers because of their affordability and addictive shopping experience.

The euphoria surrounding Labubu toys is starting to resemble the boom-and-bust cycle that ended in the collapse of Beanie Babies in the 1990s, a warning sign for investors, a bearish analyst says.

If you started your holiday shopping and saw "Labubu" on a loved one's wish list and thought "What the heck is a Labubu?!" you are in the right place.