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China–UAE News

Luckin Considers Gulf Expansion After Abu Dhabi Fund Mubadala Joins $1 Billion Deal

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.

China–UAE News

Mubadala Completes $1 Billion Strategic Minority Investment in China’s Luckin Coffee

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.