Don’t Be Fooled By These Companies, They Were Not Owned By Americans Anymore

Published on 10/27/2021
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Dairy Farmers of America Inc

A company called Dairy Farmers of America, with a name like that, is associated with China? Despite what you might think, it’s a fact! Inner Mongolia Yili Industrial Group and DFA teamed up in 2014 to build a new processing plant that will produce milk powder. It happened around the same time that a drought in New Zealand prevented China from producing milk. This had the effect of cutting off the country’s supply. As a result of this, the Inner Mongolia Yili Industrial Group has increased its global footprint. The two organizations are friendly despite the fact that DFA does not own it.

Dairy Farmers Of America Inc

Dairy Farmers Of America Inc

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Fab.com Inc

There is a lot of competition in the online design industry for any company. Tencent Holdings has invested $1 billion in Fab.com Inc., which was previously based in New York. Fab had expressed a desire to enter the Asian market in the past. According to CEO Jason Goldberg, it’s a way to enter markets with strategic partners who can help reduce risk and increase the likelihood of success. In 2015, PCH International, a two-year-old company, purchased the firm. Since then, it’s been rebranded as a wellness company with a focus on yoga apparel.

Fab.com Inc

Fab.com Inc

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