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Weimob Inc., the largest WeChat-based third-party service provider, Completes HK$756 Million Hong Kong IPO

January 15, 2019

Beijing/Hong Kong – Paul Hastings LLP, a leading global law firm, announced today that it has advised Deutsche Securities Asia Limited and Haitong International Capital Limited as joint sponsors on the HK$756 million global offering and listing on the Main Board of the Hong Kong Stock Exchange by Weimob Inc. 

Weimob Inc. is the largest WeChat-based third-party service provider for SMBs in China as measured by revenue and number of paying merchants in 2017, with a market share of 15.3% in terms of revenue. It offers a wide array of cloud-based commerce and marketing solutions through software as a service (SasS) products and targeted marketing. 

The Paul Hastings team was led by corporate partners

 and , with support from , , , , Xiaoxiao Liu, Harvey Lin and .

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

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