Hogan Lovells advises Kingdom Holding Company on a strategic investment in 360 Buy Jingdong Inc.

KHC, a publicly traded company listed on Tadawul (the Saudi Stock Exchange), is a recognized international investor with extensive holdings in finance (Citigroup), media (News Corporation), hotels (Four Seasons Hotel, Fairmont Raffles, Four Seasons George V Hotel (Paris); Savoy Hotel (London), Plaza Hotel (New York), and real estate.

Prince Alwaleed is well known for his international investments as well as for the Alwaleed Bin Talal Foundations, which support charities and educational programs throughout the world. Gulf Business recently named Prince Alwaleed as Number 1 on their annual list of the 100 most powerful Arabs in the world and he is ranked Number 14 on the Bloomberg listing of the world's richest people.

Hogan Lovells is proud to represent Prince Alwaleed and KHC in pursuing and capitalizing on global investment opportunities, particularly in a transaction that solidifies the strategic relationship between Saudi Arabia and China and extends of the initiative of King Abdullah to support the business alliance between Saudi Arabia and The People's Republic of China. Hogan Lovells also represented KHC and Prince Alwaleed in their combined $300m investment in Twitter.

The Hogan Lovells team working on this transaction included Mark Mazo (based in Washington and the Middle East), Steven Robinson and Lu Zhou (Beijing), Colin Craik and Philip Watson (London) and James Rosenhauer and Merry Anderson (Washington, D.C.).