GGV splits off China business following congressional panel probe

GGV, the 23-year-old U.S. venture capital firm with a storied track record in China, is splitting into two branches as escalating geopolitical tensions continue to push for decoupling between the world’s two superpowers. In an announcement released Thursday morning, GGV, known for its bets on ByteDance, Xiaomi and Alibaba, said it will become two independent […]