Mubadala strengthens global presence in China with investment in Luckin Coffee
Mubadala Investment Company (Mubadala), an Abu Dhabi-based global investor, today announced that it has agreed to make a significant minority investment in “Luckin Coffee”, alongside Centurium Capital (Centurium), the Company’s controlling shareholder, in a transaction with an aggregate value of approximately $1. The investment comes as China’s coffee market continues to expand, with more consumers adopting freshly brewed coffee and.
