Paul Hastings Advises Chenghe Acquisition II Co. in Business Combination With Polibeli Group

August 08, 2025

Paul Hastings LLP represented Chenghe Acquisition II Co., a special purpose acquisition company, in the negotiation and execution of a business combination agreement with Polibeli Group Ltd., a B2B e-commerce platform headquartered in Indonesia. The newly combined company will be listed on the Nasdaq Global Market under the ticker symbol PLBL.

Polibeli is a leading digital supply chain services and distribution sales provider with global business operations, offering end-to-end solutions including products procurement, channel distribution, logistics services, brand operations and digital marketing services to both upstream and downstream business partners.

Partners Steve Camahort, Will Burns, Sean Monroe and Chris Centrich and founding partner and chair of Greater China of Paul Hastings Raymond Li led the Paul Hastings team, which also included partners Fang Pei and Steven Hsu, and associates Connor MacLeod, Max Roberts Madeline Sullivan, Linfei Li and David Kopp.

More details on the transaction can be found here.

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