Luckin Coffee appointed Philip Yifei Bao of Abu Dhabi's Mubadala Investment Company to its board on October 8, 2026. The move follows Mubadala's participation alongside Centurium Capital in an investment valued at approximately $1 billion. The Chinese coffee company has reached 100 outlets in Singapore and is evaluating expansion into the Gulf region.
Abu Dhabi sovereign wealth fund Mubadala Investment Company plans to deploy approximately $39 billion annually across market cycles, with an increasing focus on Asia. Speaking at the Milken Institute Asia Summit in Singapore, Chief Financial Officer Carlos Obeid named China, South Korea, India, and Japan as primary markets for expanded capital allocation. Over the past three years, Asia's share of Mubadala's portfolio has grown from 10 per cent to approximately 13 per cent.
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.
Strata Manufacturing PJSC has received Approved Maintenance Organization certification from the UAE General Civil Aviation Authority under CAR-145 regulations. The certification permits the Mubadala-owned manufacturer to extend operations into maintenance, repair, and overhaul activities. The expansion builds on Strata's production of more than 120,000 advanced-composite aerostructure components since 2010.
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