Abu Dhabi's Mubadala Investment Company has agreed to acquire a significant minority stake in Luckin Coffee in a transaction valued at approximately USD 1 billion, co-investing alongside Centurium Capital.
The deal gives Mubadala direct exposure to one of China's largest and fastest-growing coffee platforms at a time of structural demand expansion, with both new consumers entering the market and existing customers increasing their frequency of purchase.
Founded in 2017, Luckin Coffee operates more than 36,000 stores globally and had approached 500 million cumulative transacting customers as of 30 June 2026, built on a technology-driven retail model that integrates a large store network, digital customer engagement, product innovation and an end-to-end supply chain.
Gulf Economist Staff Writer
