A human-sized Labubu doll was sold this week for a record 1.08m yuan ($150,324; £110,465), according to a Chinese auction house. The 131cm (4ft 4in) figurine was sold at the Yongle International ...

BEIJING — A human-sized Labubu doll fetched a whopping 1.08 million yuan (US$150,000) at an auction in Beijing, in a testament to the popularity of the collectible toy flaunted by celebrities.

They’re scary, but cute — and taking the internet by storm as customers race to get their hands on Labubus. Distributed exclusively by Chinese-based retailer Pop Mart, it’s become near ...