Jurisdiction - China
China – Hogan Lovells Represents Kingdom Holding In USD400m Strategic Investment In China’s Largest Online Consumer Sales Company.

19 February, 2013


Hogan Lovells in Beijing, London and Washington, D.C. represented Kingdom Holding Company (“KHC”), chaired by long-time client HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud of Saudi Arabia (“Prince Alwaleed”), in leading a consortium of investors to acquire a US$400 million strategic stake in the largest internet consumer sales company in China, 360Buy Jingdong Inc. The investor group was advised by QInvest LLC, Qatar’s leading investment bank.
KHC, a publicly traded company listed on Tadawul (the Saudi Stock Exchange), is a recognized international investor with extensive holdings in finance (Citigroup), media (News Corporation), hotels (Four Seasons Hotel, Fairmont Raffles, Four Seasons George V Hotel (Paris); Savoy Hotel (London), Plaza Hotel (New York), and real estate.  Prince Alwaleed is well known for his international investments as well as for the Alwaleed Bin Talal Foundations, which support charities and educational programs throughout the world.  Gulf Business recently named Prince Alwaleed as Number 1 on their annual list of the 100 most powerful Arabs in the world and he is ranked Number 14 on the Bloomberg listing of the world’s richest people.     
The Hogan Lovells team working on this transaction included Mark Mazo (based in Washington and the Middle East), Steven Robinson and Lu Zhou (Beijing), Colin Craik and Philip Watson (London) and James Rosenhauer and Merry Anderson (Washington, D.C.).



For more information, please contact:


David Craigen, Hogan Lovells
[email protected]


Comments are closed.