What Makes Asia Appealing

GGV Capital’s Hans Tung, is most commonly known in the VC circles for his hawk eye focus on the e-commerce sector, and the Taiwan-born investor was among the early backers in Xiaomi, now valued at $46 billion.

- Hans Tung

Beginning his career as investment banker at Merrill Lynch, Tung joined GGV in 2013 at Menlo Park, and his impressive portfolio includes the who’s who of the Asian e-commerce industry – Wish.com, Poshmark, OfferUp, and Ibotta.

Tung mostly focuses on the Asian and Latin American markets today, searching for the next big disruptor in the region, and investment returns don’t rank very high on his list of things to look for in a startup while investing.

“I always believe that taking a more humanistic, or sociological approach to investing, is important. You have to invest in companies that make nation-building or positive societal impact happen. If you do that, if a company can do that, they enable others to do that, and then everybody makes great returns,” says Tung.