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GGV Capital Brings On Early Xiaomi-Backer Hans Tung As Their Newest Partner

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http://techcrunch.com – GGV Capital, a cross-border venture capital firm that focuses on China and U.S., is bringing on its sixth general partner through hiring Hans Tung from Qiming Ventures. He’s a VC that made an early bet in Xiaomi, a Chinese handset maker that piggy-backed off the Android ecosystem to build a business that was most recently valued at $10 billion. The firm and Tung have known each for about eight years as he built up a name in mainland China, through involvements in companies like online clothing retailer Vancl.com and Forgame, a cloud-based game developer that just went public on the Ho (IT news)