GGV Asia eyes expansion into private credit after split with US

GGV Capital, a global tech-investing powerhouse, has completed the separation of its US and Asia operations to form two stand-alone and independent partnerships.

BEIJING: Fresh off a split from its US counterpart, the Asia business of venture-capital firm GGV Capital is considering raising money to invest in private debt for the first time, according to people familiar with the matter.

GGV Capital, a global tech-investing powerhouse, has completed the separation of its United States and Asia operations to form two standalone and independent partnerships, GGV said in a statement published Saturday on X, the social media site formerly known as Twitter.