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.
“We are confident that Mubadala’s sector knowledge combined with its global perspective and network will support Luckin Coffee’s continued innovation and long-term development.
Founded in 2017, Luckin Coffee has grown into one of China's leading coffee platforms, built around a technology-driven retail model designed to make high-quality coffee more convenient and accessible.
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