Labubu craze sparks shadow market as counterfeit Lafufu emerges

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FRANCE24

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Originating in Asia, the Labubuβ€”a white-fanged, furry character from Chinese toy maker Pop Martβ€”has become a global sensation, selling 10 million units each month and attracting celebrity fans like Rihanna and Dua Lipa. Its high price and limited availability have sparked a shadow market, giving rise to a threatening counterfeit known as the Lafufu.

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