The Firm is representing Alibaba Group Holding Limited in connection with its US$120 million investment in Kabam Inc., a leader in free-to-play games for core players.  In connection with the proposed investment, Alibaba and Kabam also reached agreement to publish popular Kabam mobile games in China across Alibaba Group’s mobile applications including Mobile Taobao and Laiwang. 

The Simpson Thacher team working on this deal includes Katie Sudol, Wei Li, Matthew Schwartz and Caroline Newton (M&A); Joshua Walker, Michelle T. Morad and Linda M. Nyberg (IP); Tristan Brown and Linda Barrett (Benefits); Katharine Moir and Judy Yan (Tax); and Peter C. Thomas, Michael C. Naughton and William L. Kearney (Antitrust).