The Labubu Phenomenon: How Wang Ning Built a $3 Billion Toy Empire
The Labubu Phenomenon: How Wang Ning Built a $3 Billion Toy Empire Ever heard of Pop Mart? If you’re not familiar, get ready to be amazed. This isn’t your average toy company; it’s a multi-billion dollar behemoth built on blind boxes, quirky characters, and a savvy understanding of Gen Z. At the helm is Wang Ning, a Chinese entrepreneur who’s transformed the humble collectible toy into a global cultural phenomenon. Wang, born in 1987, didn’t start out in the toy…