Luckin Coffee considers entering the Middle Eastern market, with Gulf countries as a key focus for evaluation.

According to CNBC, after receiving support from Abu Dhabi’s sovereign wealth fund Mubadala, Luckin Coffee is once again considering entering the Middle East market. On Monday, Luckin chairman Lu Hui said in an interview with CNBC: “We are currently evaluating other markets and may enter regions such as the Gulf countries.” Lu Hui stated that the Gulf market is attractive due to its stable and high-frequency coffee consumption, as well as the growing consumer preference for low-sugar and healthy beverages.