The Aporia
Martin, M. (2026, September 15). Abu Dhabi's Mubadala takes stake in China’s Luckin coffee with $1B deal. Semafor. https://www.semafor.com/article/09/10/2026/abu-dhabis-mubadala-takes-stake-in-chinas-luckin-coffee-with-1b-deal
Martin, Matthew. “Abu Dhabi's Mubadala takes stake in China’s Luckin coffee with $1B deal.” Semafor, 15 Sept. 2026, https://www.semafor.com/article/09/10/2026/abu-dhabis-mubadala-takes-stake-in-chinas-luckin-coffee-with-1b-deal.
Martin, Matthew. “Abu Dhabi's Mubadala takes stake in China’s Luckin coffee with $1B deal.” Semafor, September 15, 2026. https://www.semafor.com/article/09/10/2026/abu-dhabis-mubadala-takes-stake-in-chinas-luckin-coffee-with-1b-deal.
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Abu Dhabi's sovereign wealth fund Mubadala has invested $1 billion alongside private equity firm Centurium Capital in China’s Luckin Coffee, gaining a significant minority stake. This move bolsters economic ties between the United Arab Emirates and China, which have seen Mubadala investing over $20 billion across more than 100 deals since 2015 in China alone. The investment comes on the heels of Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed's visit to Beijing in April to discuss expanding bilateral relations. Despite growing Chinese investments, the US remains a major player for Mubadala, accounting for 44% of its $385 billion assets under management, as US tech firms are integral to the UAE’s goal of becoming a global AI leader.