Davis Polk & Wardwell and Skadden, Arps, Slate, Meagher & Flom have the lead roles in Chinese internet giant Tencent Holdings Ltd.’s $214.7 million investment in online retailer JD.com Inc.
Tencent will take a 15 percent stake in JD.com, which operates Jingdong Mall, China’s second-largest online shopping site after Alibaba Group Holding’s Taobao.com. A strategic cooperation agreement between Tencent and JD.com will grant the latter ownership of Tencent’s e-commerce units.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
