Davis Polk advised the joint bookrunners and representatives of the underwriters for JD.com’s debut SEC-registered debt offering, consisting of $500 million of its 3.125% notes due 2021 and $500 million of its 3.875% notes due 2026.

JD.com is the largest online direct sales company in China. JD.com’s ADSs currently trade on the NASDAQ Global Select Market.

The Davis Polk corporate team included partner William F. Barron, counsel Faisal Baloch and registered foreign lawyer Xuelin (Steve) Wang. Partner John D. Paton, counsel Alon Gurfinkel and associate Nicholas A. Machen provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.