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Labubu x Sanrio New Blind Box Sold Out Online in 1 Minute
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POP MART (09992.HK)'s Labubu partnered with Japan's Sanrio (8136.JP) to launch a new series of blind boxes, which were released online at 10 PM last night (12th).

The new product sold out within just one minute on Pop Mart's mini program, whereas the Pop Mart's Tmall flagship store experienced a "lightning deal", with over 30,000 units sold instantly, according to Sina Tech.

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The newly launched blind boxes include six regular models and one hidden model. The unit price is RMB159, with a full box priced at RMB954.

Concurrently, Labubu released a Hello Kitty vinyl plush doll priced at RMB599. This product is also sold out on Pop Mart's Tmall flagship store, with over 9,000 units sold in total.
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