From now until Aug. 22, daily Labubu stock drops authenticated by StockX will go live on Walmart's website — here's how to get one

The Monsters regularly retail for $19.99 at Pop Mart, which has over 20 locations in the U.S. with plans to expand to 200 or more Stateside outposts in the coming years, according to Modern Retail.

Pop Mart, the Chinese toymaker, recently announced that it will launch mini versions of the wildly popular Labubu dolls this week that are small enough to hang from your phone. And the hype immediately sent the company's stock price up nearly 12%, hitting its highest point since the company went public in 2020, according to The New York Times.

Pop Mart, the Chinese company behind the Labubu franchise, has sold $670 million worth of related products this year—more than iconic US toy lines Barbie and Hot Wheels.

Labubu is a quirky little creature from Hong Kong artist Kasing Lung’s The Monsters series. The figures took off when POP MART began selling them in blind boxes sealed packs, where you only find out which character you got after opening it. The surprise, the odd-cute design, and limited drops turned Labubu into a collector favorite.

Grownups get thrills from opening these collectibles they buy without knowing what they’re getting – but experts warn the craze is akin to gambling

Walmart just slashed the price on one of Pop Mart's most sought-after Labubu collections, and dedicated collectors are taking notice.