29 03 2016

Cainiao Network $1.53 Billion Round Funding

Zhong Lun Law Firm acted as its PRC counsel in this transaction


Cainiao Network, a logistics platform under the Alibaba Group, announced recently that it had completed the first-round equity financing since its establishment in 2013 with the total investment amount exceeding RMB10 billion, from the investors including Government of Singapore Investment Corp, Temasek Holdings, Khazanah Nasional Berhad and Primavera Capital. Khazanah Nasional Berhad is the strategic investment fund of the Government of Malaysia. The firm, led by Azman Bin Haji j Mokhtar, Haji Mohd Izani bin Ghani, Hisham Hishammudin Bin Bin Hamdan, Fares Zahir and Ben Chan, is based in Kuala Lumpur. Zhong Lun Law Firm acted as PRC counsel of  Khazanah Nasional Berhad with a team led by Anthony Zhao (Picture) and Luke Zhang, and included John Shen, Crystal Li and Roy Zheng Involved fees earner: Anthony Zhao - Zhong Lun Law Firm; Luke Zhang - Zhong Lun Law Firm; John Sheng - Zhong Lun Law Firm; Crystal Li - Zhong Lun Law Firm;

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