Ex- Baidu COO is now venture partner at GGV Capital

By Nicel Jane Avellana

Mar 14, 2014 08:06 AM EDT

David Zhu is now part of the team of GGV Capital as a venture partner, TechCrunch reported.

Zhu formerly served as the Chief Operating Officer of China-based search giant Baidu. GGV Capital is a venture capital firm that looks for investment opportunities in firms that seek to link China and the US. Chinese tech firms like Alibaba, UCWeb, Kingsoft, Qunar, YY.com and Youku-Tudou are among the companies that are part of the portfolio of GGV Capital, the report said.

GGV Capital Managing Partner Jixun Foo said in a statement, "David brings unique insight into the relationship between large companies and start-ups companies, and the partnership opportunities and the operational challenges for each one.  As the US and China tech economies continue to convergence, David's experience will be invaluable in helping our portfolio companies navigate these important changes."

Zhu, whose stint at Baidu lasted from 2002 to 2007, is an ideal venture partner for GGV Capital. According to Zhu's profile on the GGV Capital website, he was responsible for the overall operations of Baidu, the biggest search engine in China in terms of market share, as its COO. Thus, the worlds of Internet, software and IT consulting as well as that of business operation, sales, marketing and corporate management are not new to him, the website information showed.

He has also collaborated with Foo on various projects. These include social media management platform Social Touch and E Dian Bao or EDB, the platform that supports 2,000 vendors on Alibaba's e-commerce platform Taobao, TechCrunch reported.

Zhu served as the Vice President of Han Consulting before joining Baidu. His role there was centered on business development and sales. He also co-founded Original Power Information Technology Co Ltd before that and served as its Chief Executive Officer in 2001. Zhu is a graduate of Aeronautics and Astronautics in Beijing University in 1992, information from the GGV Capital website showed.

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