Mubadala Investment Company (“Mubadala”), an Abu Dhabi-based global investor, recently announced that it has agreed to make a significant minority investment in Luckin Coffee Inc. (OTC: LKNCY) (“Luckin Coffee” or the “Company”), alongside Centurium Capital (“Centurium”), the Companyโs controlling shareholder, in a transaction with an aggregate value of approximately USD 1 billion.ย
The investment comes as Chinaโs coffee market continues to expand, with more consumers adopting freshly brewed coffee and existing coffee drinkers consuming it more frequently.ย
โWe continue to see compelling long-term opportunities in Chinaโs consumer sector,โ said Mohamed Albadr, Head of Asia, Private Equity at Mubadala. โLuckin Coffee has built a differentiated, technology-enabled business with data embedded across customer engagement, product development and store operations. This combination of scale, digital capabilities and rapid product innovation has enabled the Company to respond to evolving consumer preferences efficiently and at pace. Building on our longstanding partnership with Centurium, we look forward to working alongside Luckin Coffeeโs management team to support the Companyโs next phase of growth in China and internationally.โ
โWe are pleased to welcome Mubadala as an investor in Luckin Coffee,โ said Michael Chen, Partner of Centurium Capital. โWe are confident that Mubadalaโs sector knowledge combined with its global perspective and network will support Luckin Coffeeโs continued innovation and long-term development.โ
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. The Company combines an extensive store footprint with digital customer engagement, rapid product innovation and integrated supply chain capabilities. As of June 30, 2026, Luckin Coffee operates more than 36,000 stores globally, with its cumulative number of transacting customers approaching 500 million.ย
The transaction is subject to customary closing conditions. ย
