Easily Shared jingdong and tencent $1.55 billion strategic investment

easily Shared, jingdong and tencent announced that the three parties have reached a final agreement, jingdong and tencent in the form of cash and exclusive resources Shared that easy to invest about $1.3 billion. At the same time, easy car, auto financing Internet platform, a subsidiary of Yi Xin capital will get jingdong and tencent totaled $250 million in cash investment.

under the terms of the agreement, jingdong will be in the form of new common stock subscription easy car to easy car investment totaling about $1.15 billion, including $400 million in cash and about $750 million exclusive resources; Resources including jingdong involved for easy car contains exclusive open mobile terminal applications, new and used car channel of all the electric business platform, and provide other support core electric business platform. Tencent aspects will be in the form of new common stock subscription easy car to easy car to invest 150 million dollars in cash.

in addition, jingdong and tencent will with $100 million and $150 million respectively subscribed Yi Xin capital newly issued class A preferred shares.

the deal is expected to be completed by the first half of this year. After the completion of the deal, jingdong and tencent will hold easily Shared diluted 25% and 3.3% of the total issued shares outstanding shares. Jingdong will also get a board seats easily Shared. At the same time, jingdong and tencent will also hold Yi Xin capital respectively 17.7% and 26.6% of the shares.

easily Shared in nyse listed at the end of 2010, the company business mainly for the four parts: easy car advertising, easy car used, Yi Pai platform, digital marketing services business. News, easily Shared shares jumped 12% opening, at present, the market has nearly $4 billion.

 

You may also like...