Yuting Wu’s main experience is in cross-border mergers, acquisitions and investments, and U.S. corporate finance and capital markets transactions.

Bio

Prior to joining Skadden in 2010, Mr. Wu practiced in the New York office of a major U.S. law firm since 2008, where he mainly focused on mergers and acquisitions, financial institutions and corporate finance matters.

Mr. Wu was named one of the top 15 Rising Lawyers in China 2017 by Asian Legal Business.

Highlights from his experience include representing:

Mergers and Acquisitions

  • Bytedance Ltd. in its acquisition of Musical.ly and private equity financings;
  • China Three Gorges Corp. in its acquisition of a stake in Energias de Portugal S.A. for US$3.5 billion, the largest-ever Chinese investment in Europe;
  • Didi Chuxing in its:
    • acquisition of Uber China; and
    • strategic investment in 99 (formerly known as 99Taxis);
  • Ctrip.com International, Ltd.:
    • in its strategic transaction with Expedia in connection with Expedia’s exit sale of its equity interest in eLong, Inc.;
    • as a member of the buyer consortium led by Tencent in the going-private transaction of eLong, Inc.;
    • in its share exchange transaction with Baidu, Inc. and its affiliate in connection with Baidu’s sale of its equity interest in Qunar Cayman Islands Ltd.;
    • as a member of the buyer consortium led by Ocean Management in the going-private transaction of Qunar Cayman Islands Ltd.;
    • in its £1.4 billion acquisition of U.K.-based Skyscanner Holdings Limited; and
    • its several private placement investments and acquisitions in China and abroad;
  • Youku Tudou Inc. in its:
    • US$1.1 billion stock-for-stock merger and taking-private transaction with Tudou Holdings Ltd., a former Nasdaq-listed company;
    • US$1.2 billion PIPE issuance of shares to Alibaba Capital Partners and Yunfeng Capital; and
    • US$5.6 billion change of control cash transaction with Alibaba;
  • Dianping Holdings Ltd. in its strategic transaction with Meituan Corporation and the new company Internet Plus Holdings’ subsequent round of financing in the aggregate amount of US$3.1 billion;
  • ZTO Express (Cayman) Inc. in its US$1.4 billion PIPE issuance of shares to and strategic cooperation with investors led by Alibaba Group and Cainiao;
  • the special committee of the board of directors of Qihoo 360 Technology Co. Ltd. in its going-private transaction;
  • AdChina Ltd. and a group of existing shareholders in a trade sale of AdChina’s existing and newly issued shares to Alibaba Group; and the founder and minority shareholders in a subsequent buyout transaction of AdChina Ltd. in connection with their sale of all remaining equity interests to Alibaba Group;
  • 58.com Inc.,, China’s largest online marketplace serving local merchants and consumers, in its US$267 million acquisition of Anjuke Inc.;
  • a buyer consortium led by Carlyle Group in the US$810 million acquisition of a controlling stake in Cloudary Corp., a leader in the online literature business in China;
  • Carlyle Group in connection with the announced sale of its 40 percent equity interest in Jiangsu Sinorgchem Technology Co., Ltd., a leading rubber additive and antioxidants producer in China, to the overseas arm of Sinochem International;
  • Tencent Holdings Limited in its acquisition, together with other consortium members, of an aggregate of 51 percent interest in Jiuhao Health Industry Corporation Limited;
  • Blackstone Real Estate Partners in various China acquisitions;
  • The Hershey Company in its 100 percent acquisition of Golden Monkey, a leading Chinese confectionary company;
  • Stanley Black & Decker, Inc. in its acquisition of a 60 percent controlling stake in Jiangsu Guoqiang Tools Co., Ltd., one of China’s largest power tools manufacturers;
  • CAR Inc. in its acquisition of Hertz China and issuance and sale of shares to Hertz Global;
  • DJI, a leading drone maker based in China, in its strategic investment in a minority stake in Hasselblad, a leader in high-quality professional cameras; and
  • Bytedance, Dada, Didi Chuxing, Meituan Dianping, VSPN and other companies in their late-stage private equity financings.

Capital Markets

  • Xiaomi Corporation in its approximately US$5.4 billion initial public offering on the Hong Kong Stock Exchange. This is the first-ever Hong Kong offering to adopt a dual-class share structure and the first to list under Hong Kong’s new regime for innovative technology companies. This was named as one of the Overseas Deals of the Year for 2018 by China Business Law Journal, the 2018 Equity Deal of the Year at the 2019 IFLR Asia-Pacific Awards and one of Asian-MENA Counsel magazine’s Deals of the Year for 2018;;
  • 111, Inc. in its IPO and listing of American depositary shares (ADS) on NYSE;
  • Pinduoduo Inc. in its US$1.63 billion IPO and listing of ADS on Nasdaq and its US$1.2 billion follow-on equity offering. The IPO was named one of Asian-MENA Counsel magazine’s Deals of the Year for 2018;
  • Bilibili Inc. in its IPO and listing of ADS on Nasdaq;
  • OneSmart International Education Group Limited in its IPO and listing of its ADS on NYSE;
  • ZTO Express (Cayman) Inc. in its US$1.4 billion IPO and listing of its American depositary shares (ADS) on the New York Stock Exchange (NYSE);
  • Vipshop Holdings Ltd. in its IPO and listing of its ADS on the NYSE and its two rounds of follow-on public equity offerings;
  • Vipshop Holdings Ltd. in its public offering of US$550 million aggregate principal amount of 1.5 percent convertible senior notes due 2019, and supplemental listing of its ADS on the NYSE;
  • Youku Tudou Inc. in its IPO and listing of its ADS on the NYSE and its follow-on public equity offering;
  • Momo Inc. in its IPO and listing on Nasdaq;
  • Jupai Holdings Ltd. in its NYSE IPO and listing of its ADS, and concurrent acquisition of the spun-off asset management business division of E-House (China) Holdings Ltd.;
  • Ctrip.com International, Ltd., a Nasdaq-listed, leading travel service provider in China, in its multiple rounds of Rule 144A and Regulation S private placement of convertible senior notes;
  • China Petroleum & Chemical Corp. in its Rule 144A and Regulation S private placement of its four tranches of senior notes in the aggregate offering size of US$3.5 billion;
  • ShangPharma Corp. in its IPO and listing of its ADS on the NYSE;
  • Xunlei Ltd. in the registration of its IPO and application of listing on the Nasdaq Global Market, and its series D preferred share financing and resale of certain existing shares; and
  • advising and assisting various U.S.-listed companies, including China Petroleum & Chemical Corporation, Ctrip.com International, Ltd., Weibo Corporation, Sina Corporation, ZTO Express (Cayman) Inc., Vipshop Holdings Limited, Jupai Holdings Ltd. and The9 Ltd. in their ongoing regulatory compliance and in the preparation and filing of their annual reports as required under the Securities Exchange Act of 1934.

Credentials

Education

  • LL.M., University of Pennsylvania Law School, 2006
  • J.D., University of Pennsylvania Law School, 2008
  • LL.B., Peking University, 2004

Admissions

  • New York