On December 21, 2018, Wanka Online successfully listed on the Main Board of the Stock Exchange of Hong Kong, raising approximately HK$271.9 million from a global offering of 76,390,000 shares. Wilson Sonsini Goodrich & Rosati acted as U.S. and Hong Kong counsel to Wanka Online in the global offering and listing.
Wanka Online is a fast-growing technology company in the mobile internet market, helping connect businesses from various industries to hundreds of millions of Android-based smartphone users in China. The company provides Android-based content distribution services for marketers seeking mobile advertising, online video distribution, and game co-publishing services.
The Wilson Sonsini team was led by partners Weiheng Chen and Dan Ouyang and included counsel Winfield Lau; associate Zhenzhen Bao; special associate Xinyi Wang; and legal consultant Claire Chen.