World Business Report - Doll-maker Labubu’s profits to rise nearly 400%

Download Doll-maker Labubu’s profits to rise nearly 400%

Net profits of Labubu maker, Pop Mart, have soared by nearly 400%, and the company's Hong Kong-listed shares are up more than 570%, and it's now worth more than twice as much as Mattel – which makes Barbie. We will look at why these elf-like dolls, made by the Chinese, are trending.

After a five-year pause, China and India are going to restart direct flights between the two countries.

And today, in our Africa series, we're in Kenya, where a tech company in Nairobi is encouraging the use of Bitcoin in one of Africa’s largest slums.

Published on Wednesday, 20th August 2025.

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