Chengwei Capital

O’Melveny represented Chengwei Capital as the main shareholder in Youku Tudou Inc., a leading multi-screen entertainment and media company in China, in Youku Tudou’s definitive agreement to merge an affiliate of Alibaba Group. O’Melveny also represented Victor Koo, Youku Tudou’s Founder, CEO, and Chairman, as well as Chengwei Capital and certain of their affiliates in a support agreement with Alibaba and various other matters relating to the proposed transaction. The all-cash transaction, valued at approximately US$4/6 billion, is expected to close in the first quarter of 2016.