Sidley represented GOME Retail Holdings Limited (GOME) (HKEX: 493) in its issuance of US$100 million of convertible bonds to be subscribed by Jingdong 360 and JD.com, Inc. (NASDAQ: JD).
JD.com, Inc. also known as Jingdong and formerly called 360buy, is a Fortune Global 500 company. It is one of the top two B2C online retailers in China by transaction volume and revenue. GOME Electrical Appliances Holding Limited is one of the largest privately owned electrical appliance retailers in mainland China and Hong Kong. Sidley has also represented GOME in its strategic partnership with Pindoudou Inc. last month.
The Sidley team is led by partner Raymond Oh, and supported by counsel Hon Auyeung and senior associate Selina Wong.