Episode 33: Chinese Overseas Returnees (Hai Guis): Opportunities and Challenges
GGV Capital’s Hans Tung and Zara Zhang discuss the opportunities and challenges faced by Chinese overseas returnees (“sea turtles”, or 海归) who are interested in working in China’s tech industry. These are people who were born and raised in China, completed their high education outside of China or have worked overseas, and then have returned […]
Episode 32: Wang Yu of Tantan on Scaling China’s Top Dating App
We interviewed Wang Yu (王宇), the co-founder and CEO of Tantan (探探), China’s leading dating app. Tantan is social app that help young people in China connect with one another. It has a slide-left slide-right interface. Only when two users both slide right on each other can they start a conversation. The company was founded […]
Episode 31: Simon Zhang of GrowingIO: Learning to Grow, Chinese Style
GGV Capital’s Hans Tung and Zara Zhang interview Simon Zhang, (张溪梦), the founder and CEO of GrowingIO, a data analytics startup in China that helps product managers and marketers analyze mobile apps and websites without adding manual tracking codes. GrowingIO now counts over 6000 companies as its customers, including the likes of Didi, Momo, Tujia, […]
Episode 30: Doris Ke on Marketing Across the US and China
GGV Capital’s Hans Tung and Zara Zhang interview Doris Ke, a marketer and writer who has had an interesting career across the US and China. Doris grew up in China and went to the US for college, where she attended Bard College in New York. She started her career at Unilever where she worked on […]
Episode 29: Orion Zhao of Moka on Being a Sea Turtle Entrepreneur and SaaS in China
This is a cross-over episode between 996 and Founder Real Talk, which is a biweekly podcast hosted by GGV managing partner Glenn Solomon. Glenn and Zara interview Orion Zhao (赵欧伦), the co-founder and CEO of Moka, a fast-growing HR SaaS startup in China. Moka helps companies increase the efficiency of their hiring process by providing […]
Episode 28: Chuhai: Why Chinese Entrepreneurs are Targeting Emerging Markets Across the World
GGV Capital’s Hans Tung and Zara Zhang discuss the trend known as “Chuhai” (出海), or Chinese founders targeting emerging markets outside of China, such as Southeast Asia, India, Latin America, and more. As the mobile Internet market in China reaches saturation, an increasing number of Chinese entrepreneurs are now eyeing other developing markets where mobile […]
Episode 27: George Yan: From Microsoft China to Clobotics
GGV Capital’s Hans Tung and Zara Zhang interview George Yan (严治庆), the founder and CEO of Clobotics, (扩博智能). Founded in 2016, Clobotics is a computer vision startup that seeks to make traditional industries more intelligent. It is headquartered in Shanghai and Seattle with offices in Beijing, Dalian, and Singapore. It currently serves two industries: traditional […]
Episode 26: Yan Li and Token Hu of NIU on the Journey to IPO
The founders of the electric scooter company NIU discussed how their product became a lifestyle brand, and what it was like to take a Chinese company public on the NASDAQ.
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Episode 25: Tony Fadell on Finding the New New Thing
The inventor of the iPod discusses why China might have a “last-mover advantage”, the qualities he look for in entrepreneurs, and how to discover the next game-changing technology.
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Episode 24: Ashley Peng of Xiaobu: When Chinese Millennials Become Parents
Ashley Peng is the founder and CEO of Xiaobu (小步), a mobile platform for parents in China with kids aged 0-6 years old. Ashley discussed how she was inspired to start Xiaobu by her own journey as the mother of a young child, why millennial parents in China need a lot of help, and how she went about designing a product that’s highly engaging to users.
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Episode 23: David Li of YY on Pioneering Live Streaming in China
David discussed his evolution from a philosophy major to a journalist to an Internet entrepreneur, what it’s like to take a Chinese company public in 2012, and how YY came to spearhead innovative features of modern live-streaming products such as in-app tipping and virtual gifts.
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Episode 22: Why We Invested in Yellow
We discuss our recent investment in Yellow, a leading micro-mobility startup based in Brazil, which recently raised $63 million in Series A led by GGV Capital.
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Episode 21: Toby Sun of Lime on Scooters and the Future of Transportation
Toby Sun, co-founder of Lime, on why scooters could be a game-changer, how Lime envisions its partnership with Uber, and whether Lime sees itself as a “super app” going forward.
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Episode 20: Jixun Foo of GGV Capital: Behind the Scenes of China’s Venture Deals
Jixun Foo, Managing Partner at GGV Capital, tells the stories behind some of China’s hottest venture deals including the merger of Youku and Tudou, Yunmanman and Huochebang, as well as why he invested in HelloBike.
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Episode 19: Grant Horsfield of naked Group: Creating a Lifestyle Brand in China
Grant Horsfield on his journey from rural South Africa to rural China, and how he is trying to redefine the word “lifestyle” in China.
Episode 18: Zilin Chen of BingoBox on the Future of “New Retail” in China
Zilin Chen is the founder and CEO of BingoBox, China’s first scalable cashier-free convenience store.
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Episode 17: Unpacking Xiaomi’s IPO
Why can Xiaomi be thought of as an “Internet company” instead of a hardware company? Why should people stop comparing Xiaomi to Apple? Was Xiaomi’s IPO valuation justified? What does the “Xiaomi ecosystem” mean?
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【Recap】996 San Francisco Meetup
Audio recording of the 996 Community Meetup in San Francisco, where Hans Tung and Zara Zhang held a short panel and Q&A on tech in China. Join the community via WeChat/Slack at 996.ggvc.com/community.
Issue 42 | July 23, 2018
– Didi raises $500M, expands into Japan
– An Original: Making Sense of Pinduoduo
– Didi raises $500M from Booking Holdings; Expands into Japan with SoftBank
– Zuoyebang Raises $350M
– Ofo Downsizes International Operations
– Google Launches WeChat Mini-Game
– Justin Kan of Twitch and Atrium: From Builder to Entrepreneur
Episode 16: Justin Kan of Twitch and Atrium: From Builder to Entrepreneur
Justin recounts the pitfalls he has gone through during his startup journey, whether it was the right decision to sell Twitch to Amazon in 2014, and what gets him excited about his new venture Atrium.
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Issue 41 | July 9, 2018
– Xiaomi goes public in Hong Kong
– We interviewed Eric Yuan, founder of Zoom
– Meituan-Dianping and Pinduoduo file for IPO
– ByteDance launches knowledge app
– Meet us in Hong Kong and San Francisco
Episode 15: Eric Yuan of Zoom: From Immigrant to Top CEO
Eric was recently named the Top CEO on Glassdoor, with an approval rating of 99%, and was the first person of color to win the award.
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Issue 40 | June 25, 2018
– Google Invests $550M in JD.com
– VIPKID Raises $500M at $3B+ Valuation
– The Trade War’s Impact on Tech
– 8 Lessons from the Rise of Tik Tok
– Making Sense of the “Tou-Teng War”
– WeChat Changes its Subscription Interface
Issue 39 | June 11, 2018
– Ant Financial Raises $14B in World’s Largest-Ever Fundraising
– Xiaohongshu Raises $300M Round Led By Alibaba
– JollyChic Raises Series C, Becomes Unicorn
– Foxconn and Apple’s Growth
– Jenny Lee of GGV Capital on Being a VC in China
Espisode 14: Jenny Lee of GGV Capital on Being a VC in China
The story of how Jenny Lee set up GGV Capital’s China presence over a decade ago as someone who didn’t grow up in China, and rose to become one of the world’s most powerful women in tech.
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Issue 38 | May 28, 2018
– Advice from Fu Sheng on Being a Startup Founder
– Tencent Under Fire for Investing in Media Startup Accused of Plagiarism
– Tencent Blocks ByteDance’s Douyin; Doubles Down in Short Video
– Yasheng Huang of MIT on the Future of US-China Trade Relations
Episode 13: Yasheng Huang of MIT on the Future of US-China Trade Relations
We discussed the recent trade tensions between the US and China, how are geopolitical factors affecting the global tech industry, and how China’s growth story compares to that of India and other developing countries.
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Issue 37 | May 21, 2018
– Join our Slack Channel and WeChat Group
– Hot Pot chain Haidilao files for Hong Kong IPO
– Qi Lu leaves Baidu
– WeChat passes $1B monthly active users
– Toutiao changes its slogan
Issue 36 | May 14, 2018
– Huya Goes Public
– DJI Raising $1 Billion
– Restaurant Booking App Raises $63M from Alibaba and Ctrip
– We interviewed the co-founders of DataVisor
Episode 12: Yinglian Xie & Fang Yu of DataVisor: Fighting Frauds with Machine Learning
We discussed why China is a great market for SaaS businesses, what it’s like to be female founders in a highly technical space, and how DataVisor uses a unique approach—unsupervised machine learning—to fight frauds.
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Issue 35 | May 7, 2018
– Manbang Group Raises $1.9B from SoftBank and Others
– Tencent Leads $820M Investment in Robot Maker Ubtech
– Alibaba Reports Earnings
Issue 34 | April 30, 2018
– Ctrip Invests in Boom Supersonic
– Milk Tea Chain Raises $63M
– Yogurt Startup Receives Funding from Coca-Cola
– Baidu’s Profit
– We interviewed the founder of AppAnnie
Episode 11: Bertrand Schmitt on Starting App Annie in China
We discussed why Bertrand, a native of France, chose to move to China despite the language and cultural barriers.
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Issue 33 | April 23, 2018
– Why Meituan-Dianping’s Expansions Make Sense
– ZTE’s Ban in US Sounds Wake-Up Call in China
– Tencent Launches Docs
Issue 32 | April 16, 2018
– Pressured by Beijing, Toutiao Shuts Down One of Its Apps
– Pinduoduo raises $1B
– SenseTime raises $600M
– Silicon Valley Has a Challenger
– 996 Podcast: Nathan Blecharczyk on Lessons from Airbnb’s China Expansion
Episode 10: Nathan Blecharczyk on Lessons from Airbnb’s China Expansion
On the first live show of 996 Podcast, we interviewed Nathan Blecharczyk, Airbnb’s co-founder, Chief Strategy Officer, and Chairman of Airbnb China.
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Issue 31 | April 9, 2018
– Meituan Acquires Mobike
– Alibaba Acquires Ele.me
– AutoNavi and Ctrip Enter Ride-sharing
– Brad Bao of LimeBike on Tackling America’s Last-Mile Problem
Episode 9: Brad Bao of LimeBike on Tackling America’s Last-mile Problem
Brad Bao is the founder of LimeBike, a fast-growing bike-sharing startup in the US. He discussed why bike-sharing—a genre largely invented in China—can work in the US.
Subscribe: Apple Podcasts, Overcast, Spotify, or search “996” in any podcast app.
Issue 30 | March 26, 2018
– Join Our Discussion on US-China Relations in Boston
– Two Wars: Tencent vs. Bytedance and Didi vs. Meituan-Dianping
– A Big Deal: Naspers Sells Tencent Shares
– China has 164 unicorns
Issue 29 | March 19, 2018
– A Big Deal: Qu Toutiao Raises $200M, Plans US IPO
– A Idol: Li Ka-Shing Retires
– A Buzzword: “Classical Investor”
– 996 Podcast: Miranda Qu of Xiaohongshu on Powering E-Commerce with Community
Episode 8: Miranda Qu of Xiaohongshu on Powering E-Commerce with Community
Miranda Qu is the co-founder of Xiaohongshu (“Little Red Book” in Chinese), the world’s the largest lifestyle platform that integrates community and content with e-commerce.
Subscribe: Apple Podcasts, Overcast, Spotify, or search “996” in any podcast app.
Issue 28 | March 12, 2018
– 996 Podcast: Yi Wang of Liulishuo on Teaching English with AI
– A Big Deal: Two Game Streaming Platforms Raise $1B from Tencent
– A Big Deal: China Wooing Tech Companies for Home Listing
– A Quote: How Bytedance (Toutiao)’s Zhang Yiming Retains Talents
Issue 27 | March 5, 2018
– Join us for a Live Session of the 996 Podcast
– Tencent owns 7.5% of Spotify
– Didi Reportedly Expanding into Food Delivery
– China Has Almost as Many Unicorns as the US
Episode 7: Yi Wang of Liulishuo on Teaching English with AI
Why did Yi choose to leave his comfortable job in Silicon Valley to start a new venture in China? What challenges must “sea turtles” overcome to successfully start a company in China?
Subscribe: Apple Podcasts, Overcast, Spotify, or search “996” in any podcast app.
Issue 26 | February 26, 2018
– “3 a.m. Sleepless Blockchain WeChat Group”
– Momo Acquires Tantan, “China’s Tinder”
– Tencent Employees Line Up for Red Packets
– China is Racing Ahead in AI
Issue 25 | February 19, 2018
– 996 Podcast: Lin Bin on How Xiaomi Engineered its “Surprise Comeback”
– Chinese Tech Giants Give Out Hundreds of Millions in Free Money During Lunar New Year
– China Produced 8 Times as Many STEM Graduates as the US in 2016
– China Launches Blockchain-Based Apartment Rental Platform
Episode 6: Lin Bin on How Xiaomi Engineered its “Surprise Comeback”
LIN Bin, the co-founder, president, and head of mobile for Xiaomi, reveals the secret sauce of one of the most valuable private companies in the world, which is reportedly going public later this year.
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Issue 24 | February 12, 2018
– Elon Musk idolized in China
– World’s largest human migration – Chun Yun – underway
– Didi ventures into Japan
– How Xiaomi engineered its comeback
Issue 23 | February 5, 2018
– 996 Podcast: Tao Zhang of Dianping on Merging with Meituan and “The Groupon War”
– A Chart: Amazon vs. Alibaba
– Toutiao and Baidu Go to War
– Ofo Reportedly Cash Strapped
Episode 5: Tao Zhang of Dianping on Merging with Meituan and the “Groupon War”
Tao Zhang on navigating ferocious competition in China and how to deal with giants like Tencent & Alibaba
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Issue 22 | January 29, 2018
– Why Chinese startups should consider Alibaba & Tencent their allies, not enemies
– Didi introduces its own bike-sharing service
– Tencent will Invest in Carrefour China
– Alibaba reportedly in talks to partner with Kroger
Issue 21 | January 22, 2018
– “Father of WeChat” reveals product roadmap
– Google signs patent deal with Tencent
– Muji opens first hotel in Shenzhen
– Announcing the 996 Podcast
Episode 1: Jerry Yang of Yahoo!: Why I Believed in Alibaba
Jerry Yang of Yahoo!: Why I Believed in Alibaba
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Episode 2: Andrew Ng on China’s Ambitions in Artificial Intelligence
Andrew Ng discusses China’s ambitions in artificial intelligence.
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Episode 3: Kai-Fu Lee’s Journey From Google China to Sinovation Ventures
Kai-Fu Lee’s Journey From Google China to Sinovation Ventures
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Episode 4: Liu Zhen on ByteDance’s Global Vision and Leading Uber China
Liu Zhen discusses ByteDance (Toutiao)’s global vision and leading Uber China
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Issue 20 | January 15, 2018
– 1/3 of CES exhibitors were from China
– Huawei-AT&T deal killed by political pressure
– Didi enters ride-sharing war
Issue 19 | January 8, 2018
– Join us at two China-related events
– Tech giants address public outcry over data privacy concerns
– US blocks MoneyGram sale to Ant Financial on national security concerns
– JD.Com To Form Joint Venture With Meili
– Beijing to Build $2.1B Technology Park for AI
Issue 18 | January 1, 2018
– WeChat launches “mini-games”
– Meet our Chinese portfolio founders
– HelloBike raises another $150 Million
– Meituan Launches Taxi Hailing Service in 7 Cities
Issue 17 | December 26, 2017
– Didi now worth as much as Uber
– Tencent and JD.com invest $863 million in Vipshop
– Huawei plans to sell phones in the US next year
– Join us at CES
Issue 16 | December 18, 2017
– What the ByteDance-Musical.ly deal means
– Google’s AI center in Beijing
– Andrew Ng’s new project
– Tencent buys stake in Yonghui Superstores
– What is Xiong An New Area?
Issue 15 | December 11, 2017
– Xiaomi reportedly eyes 2018 IPO
– Tencent and Spotify buy stakes in each other
– Hellobike raises $350 million from Ant Financial and others
– Memorable quotes from Fortune Global Forum
– Huawei plans to launch 5G phones by 2019
Issue 14 | December 4, 2017
– Why Poshmark reminds us of Chinese companies
– Xiaomi partners with Baidu on AI and IoT
– Tesla sets up R&D center in Beijing
– Alibaba sells $7B of highly sought-after Bonds; lays out expansion strategy
– More Chinese people paying for videos
Issue 13 | November 27, 2017
– China’s largest Uber-for-trucks companies merge
– Beijing pushing for 5G adoption
– Toutiao will spend $300M to help influencers make money
– Cheetah Mobile releases strong Q3 results
Issue 12 | November 20, 2017
– How Tencent could help Snapchat
– HJow Tencent makes money
– Bike-sharing company Bluegogo collapses
– Alibaba acquires major stake in China’s largest hypermarket operator
– Baidu unveils series of smart home devices
– A Chart: Chinese smartphone users read news in bed more than anywhere else
Issue 11 | November 13, 2017
– World’s largest shopping spree (Singles Day) reaches historic high
– “Content King” Toutiao and Musical.ly announce agreement to merge
– Tencent now owns 12% of Snap
– Sogou goes public in New York
Issue 10 | November 6, 2017
– How Amazon and Whole Foods can learn from China
– E-commerce giants go all out for Singles Day
– Facebook is testing a WeChat-like “Red Envelope” feature
– Smart vending machine raises $9 million
– More women in Chinese tech named “most powerful in the world.”
Issue 9 | October 30, 2017
– Field notes from China’s retail revolution
– These 7 men now run China
– Producer of China’s national alcohol is now worth $110 billion
– Hellobike merged with Youon Bike
– JD opened its C2C marketplace
– NetEase launches adult product e-commerce site
Issue 8 | October 23, 2017
– Hans interviews Zhang Yiming, founder of Toutiao
– Meituan-Dianping raises $4 billion, will beef up autonomous delivery
– “Tencent of Southeast Asia” goes public
– Microlender Qudian goes public, targets underserved young shoppers
Issue 7 | October 16, 2017
– Tujia raises $300 million
– Sogou files for IPO
– JD unveils unmanned warehouse
– Alibaba’s Damo Institute
Issue 6 | October 9, 2017
– Mobike and Ofo reportedly talking merger
– Half of China travels during “Golden Week”
– Yonghui opens “Super Species” market
– Xiaomi wants to be the Muji of the tech industry
Issue 5 | October 2, 2017
– Bike-sharing startups suffer run on deposits
– Chinese children shop online at 7 years old
– WeChat switches up landing page
– Jack Ma on education
– LeEco becomes “New LeEco”
Issue 4 | September 25, 2017
– Baidu releases open-source autonomous driving framework Apollo 1.5
– Hangzhou ranked #1 among all Chinese cities in terms of net talent inflow
– iPhone 8 met with a cold shoulder in China
– What is Shí Wàn Jiā (a hundred thousand plus)?
Issue 3 | September 18, 2017
– Chinese government plans to ban sales of fossil fuel cars entirely
– 87% of China’s smartphone market is now captured by domestic brands
– Sina Weibo took the cigarette out of an emoji labeled “cool”
– Lessons from Weibo’s comeback
– What is Wú Rén Huò Jià (unmanned snack shelves)?
– Why might more high-speed trains lead to more unicorns in China
Issue 2 | September 11, 2017
– China’s central bank issues “death sentence” for ICOs
– What is “New Retail”?
– How Jack Ma dresses up for Alibaba’s annual employee parties
– How Tencent listens to its users
– What is Shuā Liǎn (face scanning)?
Introducing 996.
– Alibaba’s and Tencent’s market capitalization each exceeds $400 billion
– Baidu sold its food delivery business to Ele.me for $800 million
– 42.2% of Tencent’s revenue comes from online games
– What is Gòng Xiǎng (sharing)?