Livecast #9: Albus Yu of China Growth Capital on China DTCs
Albus Yu works for China Growth Capital, a venture capital fund that manages about 1.4 billion dollars. He specializes in consumer internet, consumer brands, and services investment. Hear Albus explain:The reason that he had started to invest in consumer internet and e-commerce marketplaces;What the growth of DTC brands in China looks like these days;The differences that the DTC brands are growing between the US versus in China right now, and Why it is a better opportunity from both the consumer side and supply & manufacturing side; and he gave the Chinese "Lululemon" as an example;The reason that Albus recommend brands to start off online and build offline presence as well;He perceives the potential for some Chinese new brands to expand internationally as positive.