You Are Mistaken If You Believe These Companies Are Still American

Published on 10/05/2021
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Uber Technologies Inc

For the most part, we can’t fathom our lives without Uber. Users can hail a cab by pressing a button on the app. In the year 2009, Travis Kalanick and Garrett Camp hatched the concept. So much has changed since then! This multi-billion dollar firm is now known around the world as well as in the United States. An online business in China called Baidu Inc. invested around $600 million in 214 with the hopes of assisting the company’s growth in China. It was a win-win situation because Baidu was able to leverage the app to expand its own mobile payment business. We’re relieved that everything worked out in the end!

Uber Technologies Inc

Uber Technologies Inc

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OmniVision Technologies Inc

The cooperation between OmniVision Technologies Inc. and Will Semiconductor Co. Ltd. was announced a full year after it had been formed. By the time the scandal surfaced in April of this year, they had already transacted approximately $2.1 billion in transactions. We don’t know a lot about the transaction because they kept it so low-key. While this information is sketchy, we do know that in 2015, OmniVision initially began talking to Chinese investors. About this time, two Chinese conglomerates teamed up to pay $1.9 billion for the California-based firm. Unknown Chinese corporation Will Semiconductor Co. Ltd. opted to take over it. People are still bewildered.

OmniVision Technologies Inc

OmniVision Technologies Inc

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