Davis Polk and Skadden act on strategic investment by Chinese internet giant Tencent
Davis Polk & Wardwell and Chinese firm Han Kun have advised Chinese internet giant Tencent on its strategic partnership with online retailer JD.com. Shenzhen-headquartered Tencent has agreed to pay $215m (£130m) for a 15 per cent stake in JD.com, which is planning to launch an IPO in the US that could raise $1.5bn. It is […]