Abu Dhabi-based investor, Mubadala Investment Company has agreed to make a significant minority investment in Luckin Coffee, alongside Centurium Capital, the company’s controlling shareholder, in a transaction valued at close to US$1 billion.
Established not long 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.
The company combines an extensive store footprint with digital customer engagement, rapid product innovation and integrated supply chain capabilities.
As of 30 June 2026, Luckin Coffee has more than 36,000 stores globally, with its cumulative number of transacting customers approaching 500 million.
China coffee market is continuously expanding as more consumers choose freshly brewed coffee while existing coffee drinkers consume it more frequently.
Mohamed Albadr, Head of Asia, Private Equity at Mubadala said, “Building on our longstanding partnership with Centurium, we look forward to working alongside Luckin Coffee’s management team to support the Company’s next phase of growth in China and internationally.”