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Zhong Lun Advises on VIE Structure and Series A Financing for Lollipop and Perfect Day
Zhong Lun Advises on VIE Structure and Series A Financing for Lollipop and Perfect Day
In December 2015, Shanghai Weiying E-commerce Co., Ltd. completed the establishment of its overseas VIE structure and accepted Series A financing from Crystal Stream. Weiying was established in October 2014. As the brand holder of Lollipop and Perfect Day, it mainly focuses on the online sales of mother and baby, fashion and leisure products. Crystal Stream is a venture capital fund that investments in start-up internet companies.
Partner Steve Zhao and attorneys Xie Xin, Qu Yingying, Li Gege and Deng Li of Zhong Lun Law Firm represented Weiying in this transaction. Zhong Lun’s work included designing the transaction structure, making and revising transaction documents, negotiating with investors and rendering formal legal opinions.