Firm Represents the Underwriters in US$233.3 Million NYSE IPO of Youku.com Inc.
12.14.10
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The Firm represented the underwriters led by Goldman Sachs (Asia) L.L.C. in connection with the initial public offering on the New York Stock Exchange of American depositary shares of Youku.com Inc. (“Youku”), a leading Internet television company based in China. The offering of 18,224,855 American depositary shares, representing 328,047,390 Class A ordinary shares (including the full exercise of the over-allotment option), raised US$233.3 million. The American depositary shares of Youku are traded on the New York Stock Exchange under the ticker symbol “YOKU”.
The Simpson Thacher team for the transaction included Leiming Chen, Melissa Koh, Sara Schuman and Wei Fang (Corporate), Drew Purcell (Tax), Jennie Getsin (FINRA) and Lori Lesser (IP).