| Tencent Holdings
Tencent Holdings
Tencent is a Hong Kong based technology company specialising in innovative new communications platforms, among other digital software. Brent Irvin, is vice president and general counsel of the business and oversees the entire legal function. The team has been working on boosting communication between itself and investment teams across the companies in its network and has launched the “Legal Blue Sea Club”, a channel to facilitate this. The most notable transactions of the team in 2017 are: China Literature’s IPO; the Tencent-lead consortium to invest RMB11bn in China Unicom; Tencent’s USD$1bn in cash investment and exercise of USD$200m call option, as part of Meituan’s series C USD$4bn funding round at a pre-money valuation of USD$26bn; around USD$1.8bn investment in Tesla; and USD$2bn investment in Snapchat. The team also provided support on all of Tencent Games’ international commercial works, including world-class high quality games such as Riot Games’ “League of Legends”, Smilegate’s “Cross Fire”, Nexon’s “Dungeon & Fighter”, EA’s “FIFA 3 Online”, and Tencent’s self-developed mobile game “Arena of Valor”.
