Lu (Echo) Wang, a senior associate in Orrick’s Shanghai office, is a member of the Corporate Group.

Her practice focuses on advising clients on mergers and acquisitions, private equity, capital markets and SEC compliance matters.

  • M&A and Private Equity

    • Atomico in the US$450 million Series D investment in ofo, a bike-sharing unicorn in China, with a group of investors.
    • Chairman and CEO of Sungy Mobile Limited (Mr. Yuqiang Deng) and the consortium that he formed in the proposed privatization of the company valuing at approximately US$155 million. Sungy Mobile is a leading NASDAQ-listed provider of mobile internet projects and services in China.
    • JD.com Inc., one of China’s largest B2C online retailers listed on NASDAQ, in connection with the strategic alliance with NYSE-listed retailer Walmart, including its acquisition of Yihaodian marketplace platform assets from Walmart with its shares valued at US$1.5 billion; the US$150 million strategic investment in Bitauto Holdings Ltd., a NYSE-listed Chinese auto information website operator, with Baidu and Tencent; its investment in Tuniu Corporation, a NASDAQ-listed online leisure travel company in China, with Ctrip.com, DCM V, Hony Capital, Sequoia Capital and Temasek Holdings. The aggregate investment amount by all these investors is US$500 million; and its US$1.55 billion investment in Bitauto Holdings Ltd., a NYSE-listed Chinese auto information website operator, with Tencent.
    • Perfect World Co., Ltd., a leading NASDAQ-listed online game developer and operator based in Beijing, in its US$100 million acquisition of 30.3 million class A common shares of Shanda Games and its subsequent sale of the entire equity interest to Shanghai Buyout Fund for US$104.6 million.
    • Founder and chairman of Perfect World Co., Ltd. (Mr. Michael Yufeng Chi) in the proposed privatization of the company valuing at approximately US$1 billion.
    • Bright Food (Group) Co., Ltd. in connection with its acquisition of a 90% stake in Salov Group, an Italian producer and seller of olive oil, seed oil and related products. The deal was awarded by the Italy-China Foundation at the China Awards 2014 in the “Top Investors in Italy” category; and its acquisition of 60% of equity interest in Yunnan Yinmore Sugar Company, a Cayman Islands company with extensive sugar assets in China.
    • Pactera Technology International Ltd., a global consulting and technology services provider headquartered in China, in its US$625 million acquisition by a consortium led by Blackstone Group L.P. This is one of the biggest technology M&A transactions involving US-listed Chinese companies in recent years.
    • MediaV Holding Company Limited, a leading precision advertising and digital marketing platform in China, in connection with the acquisition of its controlling equity interests by NYSE-listed Qihoo 360 Technology Co. Ltd., one of the biggest providers of internet and mobile security products in China; and its sale of an 85% equity stake in Shanghai Man Cool Advertising Co. Ltd., to LEO Group Co., Ltd., the largest China-based small-sized water pump manufacturer listed in Shenzhen. 
    • Warburg Pincus in its sale of shares in Xueda Education Group, a leading tutoring services provider for primary and secondary school students in China. 
    • Shanghai Dahuangfeng Technology, the fourth largest taxi app company in China, in connection with the sale of its entire interest to Kuaidi Taxi, a leading taxi app company in China backed by Alibaba.
    • BesTV New Media Co Ltd, a Shanghai Stock Exchange listed company, in connection with its US$100 million acquisition of a 51% stake in AdSage (one of the largest digital marketing companies in China); and its US$100 million acquisition of preferred shares from Funshion Networks Co., Ltd, a leading China-based online video company, and certain selling shareholders.
    • Linkage Technologies International Holdings Limited in its merger with AsiaInfo Holdings, Inc. (currently Asiainfo-Linkage, Inc., Nasdaq: ASIA) for consideration of US$60 million and 26,832,731 shares of common stock of AsiaInfo Holdings, Inc.
    • Jiangsu Five Star Appliance Co., Ltd. in its sale of a 25% of equity interest in a nationwide retailer of consumer electronics in the PRC, a joint venture established with Best Buy Co., Inc., to Best Buy Co., Inc.
    • Noah Education Holdings Ltd. in the acquisition of Little New Star Education Group, a leading provider of English training services for children in China.

    Listed Company Representation

    • Perfect World Co., Ltd., a leading online game developer and operator based in Beijing.
    • Pactera Technology International Ltd., a global consulting and technology services provider headquartered in China.
    • China Sunergy Company Limited, a leading solar power products manufacturer in China.
    • Mecox Lane Limited, China’s leading online platform for apparel and accessories.
    • Vanceinfo Technologies Inc., a leading software developer and IT service provider in China.

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