News & Events

The Hong Kong and Beijing offices of the Firm represented the underwriters, led by Piper Jaffray & Co. in the US$89.1 million initial public offering and listing on the New York Stock Exchange of 7,750,000 American Depositary Shares of NetQin Mobile Inc. The ADSs of NetQin Mobile Inc. are traded on the New York Stock Exchange under the ticker symbol "NQ". The offering raised US$89.1 million (before exercise of the green shoe option).

NetQin Mobile Inc. is a leading software-as-a-service (SaaS) provider of consumer-centric mobile Internet services focusing on security and productivity. As of March 31, 2011, NetQin Mobile Inc. has approximately 86 million registered user accounts in over 100 countries, representing a sizeable share of the fast-growing market for mobile Internet services. NetQin Mobile Inc.’s technological innovation and global significance have been widely recognized through distinctions such as the 2011 Technology Pioneer Award bestowed by the Davos World Economic Forum in September 2010.

The Simpson Thacher team for the transaction included Leiming Chen, Blake Dunlap, Ines Wu, Dian Dai, Vivien Mao, Ziyi Yang and Biyuan Zhang (Corporate), George Wang (Litigation), Andrew Pagliughi (FINRA) and Chang Won Choi (Tax).