Abu Dhabi sovereign wealth fund Mubadala Investment Company has agreed to acquire a strategic minority equity stake in Luckin Coffee in a deal valued at approximately $1 billion. The investment aims to support Luckin's technology-driven operations and international retail expansion. The transaction occurs as Chinese coffee operators shift focus toward store productivity and sustainable margins.
Chinese coffee chain Luckin Coffee is assessing an expansion into Gulf countries following an investment by Abu Dhabi's Mubadala Investment Company. Mubadala became a direct shareholder after partnering with Luckin's controlling shareholder Centurium Capital on a $1 billion deal. Luckin executives highlighted the Gulf region's repeat consumption and rising demand for health-oriented beverages.
Policy updates, China–UAE business news and industry insights, delivered to your inbox.
Membership
Tell us about your experience and connection to UAE–China business. UECN assesses your application and offers the right membership category — fees are shared privately with your offer.
We send you a one-time sign-in link — your answers are saved as you go.
