Revenue outside mainland China jumped to US$778 million in the first six months, making up about 40 per cent of total sales.

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

They’re supposed to be cute and collectible, but counterfeit “Labubu” dolls are now raising alarms with parents and security ...