News & Announcements

Weil Advised Alibaba Group Holding Ltd on the $2B Acquisition of Kaola

Weil represented Alibaba Group Holding Ltd in connection with the $2 billion acquisition of Kaola, a Chinese cross-border e-commerce platform, from Nasdaq-listed gaming giant NetEase Inc. The transaction was announced on September 6, 2019, and as a result of it, Kaola will be integrated into Alibaba’s Tmall.              

The Weil team was led by Hong Kong Private Equity partner Tim Gardner and included Private Equity partner Chris Welty and associate James Feng.