A human-sized Labubu doll was sold this week for a record 1.08m yuan ($150,324), according to a Chinese auction house, the BBC reports.
The 131cm figurine was sold at the Yongle International Auction in Beijing. The auctioneer said it was now the most expensive toy of its kind in the world.
Labubu dolls are quirky monster characters created a decade ago by Hong Kong artist Kasing Lung, which have increased in popularity in recent years after a number of celebrity endorsements.
Labubu dolls, sold by Chinese toy company Pop Mart, usually cost around 50 yuan.
