Luckin Coffee Celebrates 100 Stores in Singapore - A Milestone in Building a World-Class Coffee Brand
SINGAPORE, September 28, 2026 — Luckin Coffee Inc. (“Luckin Coffee”, “Luckin” or the “Company”) (OTC: LKNCY) today announced the opening of its 100th store in Singapore. After launching its international operations in Singapore in 2023, Luckin Coffee has grown into the second-largest coffee chain by store count locally, with over 1.9 million cumulative transacting customers in the local market, establishing Singapore as a key benchmark for its global expansion. Representatives from the Chinese Embassy in Singapore, Singapore Economic Development Board (EDB), the Brazilian Trade and Investment Promotion Agency (ApexBrasil), Temasek, CapitaLand and the Institute of Mental Health (IMH) joined Luckin Coffee's executive team at the opening ceremony of the 100th store. Singapore boasts one of the world's most dynamic coffee landscapes — where deep-rooted daily habits meet a rich, diverse coffee culture. Its highly inclusive and pro-innovation business environment makes it a key hub connecting Asia to global markets. “In 2023, it became our very first home outside China, guided by our vision to build a world-class coffee brand, woven into everyone’s daily life,” said Mr. David Li, Chairman and CEO of Centurium Capital and Chairman of Luckin Coffee. “Three years on, that bold step has paid off. Today, Luckin...
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Mubadala Announces Significant Minority Investment in Luckin Coffee
Mubadala to invest alongside Centurium Capital, reflecting its long-term confidence in China’s consumer sector. (ABU DHABI / BEIJING – 10 September 2026) — Mubadala Investment Company ("Mubadala"), an Abu Dhabi-based global investor, today 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 Company’s controlling shareholder. The aggregate transaction value is approximately US$1 billion. The investment comes as China’s coffee market continues to expand, with more consumers choosing freshly brewed coffee and existing coffee drinkers consuming it more frequently. “We continue to see compelling long-term opportunities in China’s consumer sector,” said Mohamed Albadr, Head of Asia, Private Equity at Mubadala. “Luckin 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 Coffee’s management team to support the Company’s next phase of growth in China and internationally.” “We are pleased to welcome Mubadala as an investor in...
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Luckin Coffee's Smart Roasting Center Commences Operation
Qingdao, China, April 22 – Leading retail coffee chain Luckin Coffee (“Luckin” or “the Company”, OTC: LKNCY) today announced the commencement of operation at its advanced smart roasting center in Qingdao, Shandong Province, China. With a total investment of approximately RMB 3 billion and an annual roasting capacity of over 55,000 tons, equipped with the world’s largest single coffee roaster. The facility marks another step forward in Luckin’s global supply chain with improved capacity and efficiency, driving progress in the intelligent and green transformation of China’s coffee industry. The commissioning of the Qingdao smart roasting center empowers Luckin to establish a synergized roasting network spanning four key locations — Qingdao, Pingnan, Kunshan and Xiamen (under construction) — with a combined roasting capacity expected to exceed 155,000 tons, setting a new industry record for coffee roasting capacity in China. Leveraging the robust import strength of Qingdao Port, one of China’s key foreign trade hubs, Luckin enables direct end-to-end shipment of green coffee beans from major global origins including Brazil, Colombia and Ethiopia to its local production facilities. Supported by Qingdao’s integrated sea, land, air and rail logistics network, Luckin achieves efficient end-to-end coverage spanning raw bean procurement to end consumption. Dr. Jinyi...
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