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Hans Tung
@hanstung
Sand Hill Road, Menlo Park, CA
Joined January 2009
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    Very proud of @manukumarjain @leijun @XiaomiIndia @Xiaomi. Almost all of Xiaomi Phones and TVs sold in India are mfg locally: 🏭 99% phones #MadeInIndia 📱 65% parts locally sourced 👨‍🔧 35,000 workforce in factories 👷‍♀️ 95% of the workforce are women!
    No. 1️⃣ for 1️⃣1️⃣ quarters! 🚀 @XiaomiIndia is once again the #1SmartphoneBrand - @IDC! 🥳 🏆 #1 for 11 quarters in a row 🚀 31.2% market share 🖥️ #1 Online brand for 14 quarters ⭕️ 45. 8% online share 📱 Redmi 8 series: best selling phones in India 🇮🇳 Thank you all. #Xiaomi ❤️
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    It was an honor to spend time with @manukumarjain. What he & @xiaomi team in #india have achieved are incredible. @GGVCapital is so proud of them. Xiaomi’s concept of #honestprice has universal appeal
    Great meeting @HansTung, Partner @GGVCapital. He invested in @Xiaomi ~9 years ago & believed in our revolutionary business model 🙏 He has backed many successful startups - Airbnb, ByteDance (TikTok), Meituan & more. We discussed about #internet #startup in #India. #Xiaomi ❤️
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    Xiaomi's success in India dissected by the man who made it possible. Thanks for being on the show!@manukumarjain Read the excerpt at linkedin.com/pulse/how-xiao…
    Get @manukumarjain's advice for foreign brands who want to make inroads into #India🇮🇳on Evolving for the Next Billion podcast with @hanstung and @RitaYan96852300 🎧/via @getshuffleapp nextbn.ggvc.com/2019/10/10/s2-… 🔊
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    Pinduoduo is one of the fastest-growing e-commerce companies in China & just filed for a US IPO, but is still poorly understood in the West. We made a detailed deck explaining how it works and why it grew so fast. With @zarazhangrui @ggvcapital hans.vc/pinduoduo/
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    To Day 1 again 🙏🚀💗. Thank you all for sending me and my partners your well wishes throughout the day today, 3/29/2024. excited about whats ahead and the opportunity to back notable founders, ideas, and causes who make positive differences in our lives.
    It’s official. We are now Notable Capital. 😀 We chose the name Notable for the founders we invest with, the ideas they pursue, the causes they champion, and the remarkable companies they build. Find us at notablecap.com
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    Join us to #stopAsianhate . We will match $100k in donations to important organizations such as @StopAAPIHate, @AAAJ_Atlanta, @gofundme Support the AAPI Community Fund, @CompassionInOak. Reply or DM with receipts. We’re in this together. cc: @hanstung @glennsolomon @jrichlive
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    1/ Today, We @ggvcapital are thrilled to see @Affirm trading on the @Nasdaq as $AFRM 🎉 Working with @mlevchin is a masterclass in the success that comes with being authentic and working at what you love. A thread 🧵
  • 1st invested in @leijun & @xiaomi in late Jan 2010. His disruptive ideas then: 1) smartphone will replace pc 2) world class design at % of price will mkt itself 3) iterate fast to incorporate user demands 4) android compatible OS + own ecommerce channel + internet services = KSF
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    Replying to @abarrallen @TurnerNovak and 2 others
    Thank you so much @abarrallen! We are a fan of your work as well. @TurnerNovak here is what we published on the eve of @PinduoduoInc ipo. Have held their stock since ipo and not planning to sell any time soon. hans.vc/pinduoduo/
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    1/ It's a big day for @Poshmarkapp, now trading on the @Nasdaq as $POSH 🎉 @robin_p_li, @GGVCapital and I feel lucky to have met @marrc and @Tracy_Sun back in 2015 and to have led Poshmark's Series C1 financing in early 2016 (when the market had a major dip). A thread 🧵
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    It has been an honor to work with our friends and colleagues to raise $5M to #StopAsianHate  🙏 @jeremysliew @erickimSF @ericsyuan @glennsolomon @jrichlive @eliaw @garrytan #StandWithUs
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    As #AmazonGo opens, we compared the spheres of influence of Amazon ($658 B) & Alibaba ($502 B). Though Alibaba had a later start, it is in quite a few more than sectors than Amazon, and actually went into offline grocery retail earlier than Amazon.
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