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U.S. law firms Skadden, Arps, Slate, Meagher & Flom, and Davis Polk & Wardwell, and Indonesia's Widyawan & Partners have guided Chinese entertainment giant TikTok's $1.5 billion investment in Indonesia's largest digital and e-commerce platform, GoTo.

TikTok has agreed to spend $840 million to buy most of Indonesian tech conglomerate GoTo's e-commerce unit - a move that appears to allow it to restart its online shopping business in Southeast Asia's largest economy. It also said it will invest further in Tokopedia, which is Indonesia's biggest e-commerce platform, for a total outlay of $1.5 billion, Reuters reported.


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Other News

Rajah & Tann hires lit partners in SG from Selvam, Harry Elias
Singapore law firm Rajah & Tann has bolstered its disputes offering with the addition of litigation partners Jerald Foo and Yoon Min Joo. They join from Selvam, Duane Morris’ Singapore JLV firm, and Harry Elias Partnership, respectively.

A conversation with TnP Law Firm, 2023 ALB Southeast Asia Law Awards' Transactional Law Firm of the Year [Brought to you by TnP Law Firm]
TNP Law Firm won the Transactional Boutique Law Firm of the Year award at the ALB Southeast Asia Law Awards. The firm was founded in 2016 and provides legal services in various areas with a client-focused approach, emphasizing ethics and integrity.

HK: PRC firm Jingtian adds arbitration expert from Akin Gump
Beijing-headquartered law firm Jingtian & Gongcheng has hired arbitration specialist Kwan Chi Ho as a partner in its Hong Kong office from Akin Gump Strauss Hauer & Feld, where he was a counsel.

PRC firm Tahota opens 6th office outside mainland in Laos
Chengdu-based Tahota Law Firm has established a new office in Vientiane, Laos, its sixth outside Mainland China and 28th in all.

Dentons Rodyk hires litigation partner in SG
Singapore law firm Dentons Rodyk has welcomed back disputes partner Alexander Lee. His most recent role was director at Drew & Napier.

The Growing Role of Private Credit in the Indian Debt Market [Brought to you by JSA Advocates & Solicitors] 
Private credit is the buzzword on deal street. The global private credit market is estimated to be US$ 1.5 trillion and likely to reach US$ 2.7 trillion by 2027. While most of this is centred around the United States and Europe, private credit is rapidly becoming an alternate pool of debt capital in India. Some reports estimate that private credit investors had almost US$ 15 billion of assets under management in India as of December 2022 and over US$ 4 billion was deployed in the first half of 2023 alone.

Hill Dickinson continues Asia shipping growth with RPC partner in SG
UK law firm Hill Dickinson has added veteran maritime disputes attorney Gerald Yee as a partner in Singapore from RPC Premier Law, RPC’s joint law venture firm in the city-state.

ALB Firms to Watch (Singapore) 2024 
As a reputable business hub and world-leading financial centre, Singapore has been seeing the rise of a number of quality smaller law firms that are punching well above their weight in terms of work handled and services delivered.
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Deadline: December 15, 2023


PRC firm DeHeng hires another partner in Hong Kong
The Hong Kong office of Beijing-headquartered DeHeng Law Offices has made its second partner hire in a matter of weeks after bringing on board corporate expert Samuel Ng from U.S. outfit Paul Hastings.

The Central Asia Trial Center of CIETAC Officially Unveiled and Established in Urumchi, Xinjiang [Brought to you by CIETAC]
During the China-Central Asia Arbitration Forum held in November 1, 2023, the Central Asia Trial Center of China International Economic and Trade Arbitration Commission (“CIETAC”) was officially unveiled and established. 

Former Seoul prosecutors join Korea’s Yulchon as partners
Korean Big Six law firm Yulchon has added two former prosecutors from the Seoul Central District Prosecutors’ Office (SCDPO), Wook Jin Rha and Woo Young Choe, as partners in its dispute resolution practice.

ALB Rising Stars Indonesia 2024 
We are pleased to announce that submissions for ALB's Rising Stars Indonesia list are now open. This list will spotlight  the most promising lawyers of the next generation in Indonesia. The list will be published in the January/February 2024 issue of ALB Asia.
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Deadline: December 15, 2023


Sweet 16: Trilegal lands yet another partner as tax lawyer joins in Delhi
Indian law firm Trilegal has continued to bolster its ranks, adding tax attorney Dhruv Gupta as a partner from Lumiere Law Partners in New Delhi.
 

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ALB Firms to Watch (Singapore) 2024 
As a reputable business hub and world-leading financial centre, Singapore has been seeing the rise of a number of quality smaller law firms that are punching well above their weight in terms of work handled and services delivered.
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Deadline: December 15, 2023




ALB Rising Stars India 2024 
As a reputable business hub and world-leading financial centre, Singapore has been seeing the rise of a number of quality smaller law firms that are punching well above their weight in terms of work handled and services delivered.
DOWNLOAD FORM HERE
Deadline: December 15, 2023




ALB Rising Stars Indonesia 2024 
We are pleased to announce that submissions for ALB's Rising Stars Indonesia list are now open. This list will spotlight  the most promising lawyers of the next generation in Indonesia. The list will be published in the January/February 2024 issue of ALB Asia.
DOWNLOAD FORM HERE
Deadline: December 15, 2023

As one of Japan’s Big Four law firms, Anderson Mori & Tomotsune has made it its mission to improve diversity and inclusion, or D&I, across the firm and Japan’s legal industry. ALB talks to Mari Itoh, a partner at AMT and a founding member of the firm’s D&I committee, about AMT’s D&I initiatives, goals, and challenges.

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ALB Asia 40 Under 40 2024 
ALB Asia 40 Under 40 honours exceptional legal talent across Asia from 600 nominees. Chosen based on work quality, recommendations, and growth potential.

2023 ALB surveys and rankings
Click here to access the full list of surveys and rankings that are currently underway and open for submissions. 
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Upclose: Women leadership and mentoring with Gabriela Kennedy, Partner at Mayer Brown and Head of the Asia IP and TMT group


On this podcast episode, we speak with Gabriela Kennedy on Women Leadership and Mentoring. She shares her inspiring journey from a former theoretical linguist to a successful lawyer and how her background in different fields helps her in her legal work. Gabriela also speaks about how she connected executive women from different industries with Mayer Brown’s women lawyers to exchange ideas of professional and topical interests, and what are the benefits of women mentoring other women at the workplace.


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