Mubadala to Invest $1 Billion in Luckin Coffee, Bullish on China Coffee Market

Brief (coffeeyo.com): Mubadala Investment Company, the Abu Dhabi sovereign wealth fund, has agreed to make a strategic minority investment of about $1 billion in Luckin Coffee, betting on the continued expansion of China’s coffee market.

Mubadala Investment Company, the Abu Dhabi sovereign wealth fund, announced today that it has reached an agreement to make a strategic minority equity investment in Luckin Coffee Inc. (OTC: LKNCY). The investment is being carried out by Mubadala together with Luckin’s controlling shareholder, Centurium Capital, with a total transaction size of about $1 billion.

Mubadala said the investment reflects its confidence in the expansion of China’s coffee market. The transaction will close once customary closing conditions are satisfied.

Luckin Coffee is a leading domestic chain coffee brand. As of June 30, 2026, it operated more than 36,000 stores worldwide, with a cumulative number of transacting customers approaching 500 million.

Source: Yicai (China Business Network) / China Coffee Network.

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