Vipshop Holding Limited (NYSE: VIPS), China′s leading online discount retailer for brands, announced on February 14, 2014 that it has acquired a 75% equity interest in Lefeng.com Limited with a total consideration approximately US$132 million. Lefeng owns and operates the online retail business conducted through Lefeng.com, an online retail website specialized in selling cosmetics and fashion products in China.
Global Beijing and Shanghai team acted as VIPShop′s PRC counsel in the transaction and provided the investor with comprehensive PRC legal services.
Team members
