Hans Tung is a managing partner at GGV Capital, focusing on consumer Internet, e-commerce, and IoT investments globally. He is consistently recognized among the top venture capital investors in the world, having been named to the Forbes Midas list seven times from 2013-2019, most recently ranking #7, and #18 on the New York Times/C.B. Insights Top 100 Venture Capitalists list. He has invested in 14 unicorns, each valued at more than $1 billion: Affirm, Airbnb, Bytedance (aka Toutiao), Coinbase, Lime, Meili, OfferUp, Pelton, Poshmark, Slack, SmartMi, Wish, Xiaohongshu and Xiaomi.
Hans was an early investor and former board member of Xiaomi (1810.HK)—most recently valued at $33 billion—and Musical.ly, which was acquired by Bytedance 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 U.S. App Store: Wish, Poshmark, OfferUp, and Ibotta. Other companies in his portfolio include Bowery Farming, Bustle Media Group, Curse (acquired by Twitch,) Function of Beauty, Giphy, GrubMarket, Lively, Misfit (acquired by Fossil), TheMighty, Yamibuy, Yellow, Wheelwell, WinkyLux and more. Before joining GGV, he also personally invested in Dianping, Flipkart and Snapdeal.
Born in Taiwan, Hans grew up in Los Angeles and attended Stanford University, graduating with a B.S. in Industrial Engineering. In 2005, he was among the first Silicon Valley V.C.s to move to China full time, spending eight years investing in the fastest changing tech landscape in the world before returning to Silicon Valley to focus on globally-minded founders in the Americas and Asia.
Hans’ prior work experience spans venture capital, internet startups, and tech investment banking over 18 years. He joined GGV from Qiming Venture Partners, where he led the Series A investments in Xiaomi and eHi Car Services (NYSE: EHIC) as well as the Series B in Mafengwo, a social travel site in China. Previously, he was with Bessemer Venture Partners, where he helped global players such as Skype expand into China. Hans began his career at Merrill Lynch as an investment banker focused on the technology sector.
