Companies That We Believed To Be American, But They Are Really Not!

Published on 10/05/2021
ADVERTISEMENT

Uber Technologies Inc

We can’t envision our life without Uber for the most part. By hitting a button on the app, users can summon a cab. Travis Kalanick and Garrett Camp conceived the notion in 2009. So much has changed in the intervening years! This multibillion-dollar company is now well-known both internationally and in the United States. Baidu Inc., a Chinese web corporation, invested over $600 million in 214 in the intention of supporting the company’s expansion in China. It was a win-win situation for all parties, as Baidu used the software to grow its own mobile payment company. We’re relieved that everything ended up working fine!

Uber Technologies Inc

Uber Technologies Inc

ADVERTISEMENT

OmniVision Technologies Inc

OmniVision Technologies Inc. and Will Semiconductor Co. Ltd. announced their collaboration a full year after they were created. They had already processed around $2.1 billion in trades by the time the scandal broke in April of this year. We don’t know anything about the transaction because it was conducted in secret. While this information is limited, we do know that OmniVision began communicating with Chinese investors in 2015. Around this period, two Chinese companies teamed up to acquire the California-based firm for $1.9 billion. Will Semiconductor Co. Ltd., an unknown Chinese firm, chose to acquire it. The public is still perplexed.

OmniVision Technologies Inc

OmniVision Technologies Inc

ADVERTISEMENT