Abu Dhabi sovereign wealth fund Mubadala Investment Company has completed an approximate $1 billion strategic minority investment in Luckin Coffee alongside Centurium Capital. The secondary share transfer represents one of the largest single direct deployments of Gulf sovereign wealth into China's consumer food and beverage sector. Luckin Coffee operated 36,310 stores and recorded CNY 49.288 billion in net revenue in 2025.
Abu Dhabi's Mubadala Investment Company, alongside Centurium Capital, has completed an approximate $1 billion strategic minority investment in Luckin Coffee. The secondary share transfer represents one of the largest direct investments by Gulf sovereign capital into China's food and beverage sector. Luckin Coffee operates 36,310 stores and recorded CNY 49.288 billion in net revenue in 2025.
Abu Dhabi sovereign wealth fund Mubadala Investment Company has completed an approximately $1 billion strategic minority investment in Luckin Coffee alongside Centurium Capital. The deal is structured as a secondary share transfer rather than new share issuance. Luckin recorded total net revenue of CNY 49.288 billion in 2025 across 36,310 stores.
Abu Dhabi sovereign wealth fund Mubadala Investment Company has completed an approximate $1 billion strategic minority investment in Chinese coffee chain Luckin Coffee alongside Centurium Capital. The transaction was structured as a secondary share transfer, meaning no proceeds entered Luckin Coffee's accounts. Luckin generated CNY 49.288 billion in net revenue in 2025 across 36,310 stores.
The UECN Brief
Policy updates, China–UAE business news and industry insights, delivered to your inbox.
Business relationships in both markets
Forums, delegations and events
Policy updates and market insights
Membership
Join a network with a shared purpose.
Leave your details and our team will contact you about membership.