Zhong Lun Advises on Xunlei’s Series E Financing
Zhong Lun Advises on Xunlei’s Series E Financing
Xunlei Limited, a leading Internet company and the No.1 acceleration product provider in China, recently publicly disclosed that as of April 2014 it had completed Series E financing in the total amount of US$310 million, of which Xiaomi Ventures Limited had contributed US$200 million and Kingsoft Corporation Limited had contributed US$90 million.
Zhong Lun Law Firm acted as the lead counsel to Xunlei and provided cross-border legal services in this transaction. The legal team from Zhong Lun was led by Anthony Zhao and Luke Zhang, and included Vincent Shen, Raphael Liu and Jane Chen. The Zhong Lun team previously advised Xunlei on its Series C and D financings, and has also advised on its proposed initial public offering in the U.S.