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