Alibaba Completes Strategic Investment in Trendyol
08.16.18
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Simpson Thacher represented Alibaba Group Holdings Limited (“Alibaba”) in connection with its strategic investment in DSM Grup Danişmanlik Iletişim Ve Satiş Ticaret Anonim Şirketi (“Trendyol”). Trendyol operates the leading e-commerce platform in Turkey serving over 16 million customers and with over 90 million monthly visits. Alibaba’s investment in Trendyol marks the largest internet sector transaction in Turkey to date.
The Simpson Thacher team for the transaction includes Kathryn King Sudol, Yui Hirohashi and Matthew Leung (M&A); Etienne Renaudeau (Antitrust); Tristan Brown and Alexander C. Ellebracht (ECEB); and Lori E. Lesser (IP).