Love ‘em or hate ‘em, we’ve all seen Labubus: these cute yet kinda grotesque monsters. All around the world, people have been queuing and spending a lot of money - in some cases thousands of ringgits - just to get their hands on a Labubu, and even better if it’s a rare one. Labubus are the latest trend in collectibles and the fact that they’re sold in blind boxes - which means you don’t know which one you’re getting - makes it even more desirable. So here to unpack why Labubus have become so popular, we’re joined by Dr Racheal Louis Vincent, Lecturer in the Department of Marketing at Monash University.

Image Credit: Shutterstock

Produced by: Lim Sue Ann

Presented by: Lee Chwi Lynn

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  culture,  visual arts,  Literature/Philosophy,  markets

Tags:  labubus,  blind box,  marketing,  celebrity endorsement,