Analysts say the fears of regulatory headwinds are overblown as Gen Zers and millennials, rather than young children, are Pop ...

The origins of blind box toys trace back to East Asia. Capsule toy vending machines called gashapon originated in Japan in the 1960s. By the 1980s, they had become a cultural fixture.

The official newspaper of China's ruling Communist Party has cautioned against an “addiction” to blind card packs and blind boxes among the country's youths as the summer holiday approaches.

Liu Xiaoli, a nickname, has been collecting blind box toys since 2018. ... But the craze has not escaped criticism, with state media comparing the trend to gambling and warning of addiction.

From long lines wrapping around malls to fights breaking out in Pop Mart stores, the monster doll with a toothy grin has ...

A toy trend in China sparked a stock-price frenzy—until Beijing stepped in. ... Blind-box maker Pop Mart International Group 9992 1.08 % increase; ...

A Shanghai-based maker of “blind box” figurines made $1.8 billion last year—and continues to grow across the world.

Liu Xiaoli, a nickname, has been collecting blind box toys since 2018. ... with state media earlier this year comparing the trend to gambling and warning that the products bred addiction.

Gen Z consumers, in particular, have embraced blind box toys both as a nostalgic pastime and as a form of legitimate collecting.The proliferation of unboxing videos on platforms like TikTok and ...