Abu Dhabi sovereign wealth fund Mubadala Investment Company has agreed to acquire a $1 billion minority stake in Luckin Coffee. The transaction is conducted in partnership with Luckin's controlling shareholder Centurium Capital, whose 22.08% ownership remains unchanged. Luckin operates over 36,000 stores in China alongside 250 international locations.
Abu Dhabi's sovereign wealth fund Mubadala Investment Company has invested $1 billion in Chinese coffee giant Luckin Coffee. Following the investment, Luckin appointed Mubadala executive Philip Yifei Bao to its board of directors effective September 29, 2026. The capital injection comes as Luckin Coffee explores potential expansion into Middle East markets.
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.
Abu Dhabi sovereign wealth fund Mubadala has acquired a $1 billion minority stake in Luckin Coffee to finance its international growth. The Chinese coffee chain is now planning commercial launches across the GCC, prioritizing the UAE and Saudi Arabia.
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