luckin coffee
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Luckin Coffee eyes Gulf expansion after US$1B Mubadala investment
The Chinese coffee chain is reviewing potential Gulf markets as it expands internationally following its latest investment from Abu Dhabi sovereign wealth fund Mubadala.
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Luckin Coffee opens 100th Singapore store
Luckin Coffee’s Singapore expansion has reached a new milestone, with the Chinese chain strengthening its local presence through product localisation and continued store growth.
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Mubadala invests in Luckin Coffee in US$1B deal with Centurium Capital
The strategic investment brings Abu Dhabi’s Mubadala into Luckin Coffee’s shareholder base as the Chinese coffee chain continues expanding its technology-led retail network.
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Luckin Coffee Q2 revenue jumps 28.5% as global store network surpasses 36,000 locations
Luckin Coffee continued its rapid global expansion during the second quarter, adding more than 2,700 new stores across China, Southeast Asia and the United States.
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Luckin Coffee surpasses 35,000 stores as non-coffee sales top US$2.9B
Luckin Coffee reports major growth milestone as non-coffee beverages surpass RMB 20 billion, supported by rapid global expansion and a store network exceeding 35,000 outlets worldwide.