Pop Mart: Country of Origin, Ownership and Labubu 泡泡玛特

Pop Mart is Chinese by origin and operating base. Wang Ning founded the business in Beijing in 2010, initially as a retail store. It later focused on designer toys, blind boxes, artist licensing, direct retail, and automated Roboshop vending machines. The listed parent is Pop Mart International Group Limited, whose shares trade in Hong Kong under stock code 9992.

Pop Mart is publicly traded, so it is owned by its shareholders. Founder Wang Ning is the company's chairman and CEO and remains a controlling shareholder through disclosed holding structures. Pop Mart is not owned by Kasing Lung, and Kasing Lung is not the corporate creator of Pop Mart.

Labubu was created by artist Kasing Lung as part of The Monsters story world in 2015. Pop Mart works with Lung to commercialize The Monsters through licensed collectibles, plush products, retail releases, and collaborations. The distinction matters: Kasing Lung is the artist and character creator, while Pop Mart is the company that develops and distributes the best-known mass-market Labubu products.

Read the detailed explanation: Who owns Labubu? Kasing Lung, The Monsters and Pop Mart explained

Counterfeit Labubu products are sometimes called 'Lafufu.' The US Consumer Product Safety Commission has warned that some fakes can break apart or create a choking hazard. Packaging checks can help, but no single visual detail proves authenticity. Buyers should use reputable sellers, verify that QR codes lead to an official Pop Mart domain, and check applicable product and safety labels.

Use the source-based checklist in How to spot a fake Labubu