Rare ‘Labubu’ doll fetches ₹9.15 lakh in resale frenzy, 125 times its original price
A rare Labubu doll has been sold for an astonishing ₹9.15 lakh ($10,500) on eBay, making it the most expensive Labubu ever sold. Originally priced at ₹7,400 ($85), the grey-brownish figure, sporting Vans streetwear and a cap reading “The Monsters” is now 125 times more valuable in the resale market.
The toy, part of Pop Mart's 2023 blind box collection in collaboration with Vans, was initially released without buyers knowing which doll they would receive. Typically sold for ₹1,744 to ₹3,488 ($20–$40), Labubu dolls created by Hong Kong artist Kasing Lung are based on characters from The Monsters, a series inspired by Nordic fairy tales.
The dolls’ viral fame took off after K-pop icon Lisa from Blackpink was seen with one, followed by celebrities like Kim Kardashian, Rihanna and Dua Lipa. This surge in popularity has helped Pop Mart CEO Wang Ning become the 10th richest person in China.
Labubu doll is also linked in online conspiracy theories to the Mesopotamian demon Pazuzu, with some claiming the toys possess "demonic energy." Pop Mart responded playfully, issuing an April Fools’ Day mock "recall notice" referencing the rumors of supernatural activity.
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Former minister C M Ibrahim announces to launch new regional party for Karnataka
Kalaburagi: Two years after being expelled from the Janata Dal (Secular), former minister C.M. Ibrahim has announced that he will launch a new regional political party in Karnataka on January 24, reported Deccan Herald.
Speaking at a meeting organised by the Nava Karnataka Nirmana Andolana in Kalaburagi on Sunday, Ibrahim confirmed the birth of the new party.
The 77-year-old politician stated he would soon be meeting with other like-minded individuals to choose a symbol for the party.
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Ibrahim emphasised that the organisation would be guided by the principles of 12th-century social reformer Basavanna and the architect of the Indian Constitution, Dr. B. R. Ambedkar.
A veteran politician, Ibrahim served as Union Civil Aviation Minister during the tenure of H.D. Deve Gowda as Prime Minister and later headed the Karnataka unit of the Janata Dal (Secular). He was expelled from the JD(S) in 2023 on charges of anti-party activities.
His exit from the party followed sharp differences over the JD(S) decision to ally with the Bharatiya Janata Party (BJP). As the then state president of the JD(S), Ibrahim had publicly criticised the alliance, claiming it was finalised without his knowledge. He had also reportedly convened meetings of his supporters and expressed support for the INDIA bloc.
