Hans Tung is a managing partner at GGV Capital, focusing on consumer Internet, e-commerce, and IoT investments across China and the U.S. He has been ranked by Forbes Midas List as one of the world’s top venture capitalists six times from 2013 to 2018, most recently ranking number 20 in the world. He has invested in 14 private companies with valuations greater than $400M, including 11 unicorns valued at over $1 billion: Xiaomi, Wish, Bytedance (a.k.a. Toutiao), Slack, Airbnb, OfferUp, Peloton, Coinbase, Xiaohongshu, Meili, and SmartMi.
Hans was among the first Silicon Valley VCs to move to China full time, spending eight years in China from 2005 to 2013, before moving back to Silicon Valley to invest in globally-minded entrepreneurs and help Chinese companies expand globally. He was an early investor and former board member of Xiaomi—most recently valued at $46 billion—and Musical.ly, which was acquired by Bytedance (a.k.a. Toutiao) for around $900 million in 2017. He actively works with Airbnb co-founder Nathan Blecharczyk on Airbnb’s China strategy, and helped broker Uber co-founder Garrett Camp’s first meeting with Didi Chuxing in 2013.
A well-recognized investor in the e-commerce sector, Hans has invested in four out of the top 20 shopping apps in the US App Store: Wish, Poshmark, OfferUp, and Ibotta. Other companies in his portfolio include: Bowery Farming, Bustle, Dirty Lemon, Function of Beauty, Giphy, GrubMarket, Lively, Misfit, Peloton, Yamibuy, Yellow, 1More, and more.
Hans was born in Taiwan and moved to California at age 13. He received his B.S. in Industrial Engineering from Stanford University and started his career at Merrill Lynch as an investment banker focused on the technology sector. Prior to joining GGV Capital, Hans was an investor at Qiming Venture Partners in China and Bessemer Venture Partners. Hans was also a founding member of two pan-Asian internet startups that were subsequently sold to telcos, HelloAsia and Asia2B. Hans has lived in 10 cities, in chronological order: Taipei, Los Angeles, Palo Alto, New York, Hong Kong, Singapore, Boston, Menlo Park, Shanghai, Beijing, and San Francisco/Woodside. Native in both Mandarin Chinese and English, Hans is based in the Bay Area and travels to China almost every month.
Hans is a well-followed thought leader and commentator in the US-China cross-border technology scene. He was named a “LinkedIn Top Voice in VC” in 2017, and co-hosts the 996 Podcast, the most popular English-language podcast on tech and entrepreneurship in China. He blogs about China’s tech trends and his investment theses at www.hans.vc.
About GGV Capital
GGV Capital is a multi-stage venture capital firm based in Silicon Valley, Shanghai, and Beijing. We have been partnering with leading technology entrepreneurs for the last 18 years from seed to pre-IPO. With $3.8 billion in capital under management across eight funds, GGV invests in globally minded entrepreneurs in social/internet, commerce/new retail, frontier tech, and enterprise/SaaS.
GGV has invested in over 280 companies with more than 30 companies valued at more than $1 billion. Portfolio companies include Airbnb, Alibaba, Ctrip, Didi, Hellobike, HashiCorp, Houzz, Keep, Opendoor, Slack, Square, Toutiao, Wish, Xiaohongshu, and YY.
Find out more at www.ggvc.com.