Jenny Lee: The VC With an Eye for China's Rising Tech GiantsBy
When China’s hottest tech startups are looking for investors, many turn to Jenny Lee. She’s a managing partner at venture firm GGV Capital, which was an early backer of Chinese online shopping behemoth Alibaba Group. Based in Shanghai, Lee led the firm’s investments in YY, China’s $3 billion social network, and UCWeb, the country’s largest mobile browser, which Alibaba announced on June 12 that it’s acquiring for an undisclosed amount and where Lee is a director. She also kicked some of her own money into smartphone maker Xiaomi, by far her most profitable investment.
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