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Conyers Dill & Pearman provided Cayman Islands legal advice to Bitauto Holdings Ltd., a leading provider of Internet content and marketing services for China’s automotive industry in the investment by JD.com, Inc. and Tencent Holdings Limited of approximately US$250 million in Yixin Capital Ltd., a Bitauto subsidiary. The three companies form a strategic partnership to provide enhanced online automotive transaction services to car buyers across China upon completion of the transaction.
Partner Anna Chong and Associate Charissa Ball of Conyers’ Hong Kong office advised on the matter working alongside Skadden, Arps, Slate, Meagher & Flom.