Jurisdiction - China
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Tuniu Represented By Skadden Enters Share Subscription Agreement With Group Of Investors.

21 December, 2014

 

Skadden represented Tuniu Corporation, a Chinese online leisure travel company, in the issuance and sale of US$148 million newly issued class A ordinary shares to a group of investors: JD.com E-commerce (Investment) Hong Kong Corporation Limited (a special purpose vehicle of JD.com Inc.), Ctrip Investment Holding Ltd. (a subsidiary of Ctrip.com International, Ltd.), Unicorn Riches Limited (a special purpose vehicle of Hony Capital) and the respective personal holding companies of Tuniu’s chief executive officer and chief operating officer.  The transaction was announced on December 15, 2014.

 

The Skadden team included Hong Kong corporate partners Julie Gao and Will Cai.

 

For more information, please see Tuniu’s announcement here.

 

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