Hans Tung is a managing partner at GGV Capital, focusing on consumer internet, e-commerce, and IoT investments across China and the US. He has been ranked by the 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.
He was among the first Silicon Valley VCs to move to China full-time, spending eight years in China from 2005 to 2013. 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. A well-recognized investor in the e-commerce sector, Tung has invested in four out of the top 20 shopping apps in the US App Store: Wish, Poshmark, Offerup, and Ibotta.
Tung holds a bachelor’s degree from Stanford University. Having worked in 10 cities, he has witnessed the ups and downs of various regions. Tung 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 cohosts 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 hans.vc.
