Mubadala to Take Stake in China’s Luckin Coffee in $1bn Deal

Mubadala takes minority stake in Luckin Coffee in $1 billion deal

Mubadala invests in Luckin Coffee in a $1 billion deal, gaining exposure to China’s fast-growing coffee market and the brand’s 36,000-store global network.

Mubadala to take stake in China’s Luckin Coffee in $1bn deal

The minority investment alongside Centurium Capital comes as Abu Dhabi sovereign investor bets on China's growing coffee market

Mubadala invests $1bn in China’s Luckin Coffee

Mubadala Investment Company has earmarked $1 billion for China’s Luckin Coffee, as the Abu Dhabi sovereign fund looks to capitalise on long-term growth opportunities in Asia’s biggest economy. The investment will be made in collaboration with Centurium Capital, the coffee chain’s controlling shareholder. No details were given on Mubadala’s stake following the investment. The deal is […]

Mubadala backs Luckin Coffee with $1bn minority stake

Abu Dhabi-based global investor Mubadala has taken a US$1 billion stake in Luckin Coffee, to capitalise on the growing coffee market in China.

Mubadala deepens China presence with $1 billion investment in Luckin Coffee

Abu Dhabi-based Mubadala Investment Company announced on Thursday that it has agreed to make a significant minority investment in Luckin Coffee Inc., alongside Centurium Capital, the company’s controlling shareholder, in a transaction with an aggregate value of approximately $1 billion. The investment comes as China’s coffee market continues to expand, with more consumers adopting freshly […]