Mubadala Investment Company and Centurium Capital are investing approximately $1 billion in Luckin Coffee.
This strategic minority investment signals growing confidence in the chain following its 2020 accounting scandal. The agreement grants Abu Dhabi’s sovereign wealth fund a board seat and establishes a long-term strategic partnership.
Luckin Coffee operated more than 36,000 stores globally as of June 30, 2026. The company has served nearly 500 million customers to date. Mubadala cited the long-term potential of China’s consumer sector as a primary investment driver. The firm also highlighted Luckin’s tech-driven business model as a key factor.