Why Chinese companies are targeting markets like India (and other top stories of the day)

Hans Tung, the Managing Partner at GGV Capital and a seven-time Forbes Midas Lister, explains the reason behind the “Chuhai” wave and how Chinese companies can best recruit local talent and bridge cultural gaps.

12th Dec 2019
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As the mobile internet market in China reaches a saturation, an increasing number of Chinese entrepreneurs are now eyeing other developing markets where mobile internet is just starting to take off. Many of these countries such as Southeast Asia, India, Latin America, and even Africa, are seeing their internet sector dominated by Chinese companies.


Hans Tung, the Managing Partner at GGV Capital and a seven-time Forbes Midas Lister, explains the reason behind the “Chuhai” wave and how Chinese companies can best recruit local talent and bridge cultural gaps.


In 2013, Hans says, he saw a few things that happened in 2012 that made him decide why Chinese companies expanding overseas could be a huge opportunity for the next 10 years.


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