Uber Technologies Inc
For the most part, we can’t imagine our lives without Uber. With the app, users can hail a cab at the touch of a button. Inventors Travis Kalanick and Garrett Camp hatched the plan in 2009. Since then, we’ve come a long way! It is now a multi-billion dollar company and a household name not only in the US but around the world. To aid its growth in China, Baidu Inc., a Chinese internet company, invested over $600 million in 2014. Since Baidu was able to use the app to expand its own mobile payment service, the move was mutually beneficial. We’re relieved that everything worked out in the end!
Uber Technologies Inc
OmniVision Technologies Inc
The partnership between OmniVision Technologies Inc. and Will Semiconductor Co. Ltd. was announced a full year after it had been formed. By the time the story broke in April of this year, they had already transacted over $2.1 billion in transactions. We don’t know a lot about the sale because they kept it so low-key. OmniVision did begin talking to Chinese investors in 2015, however. This was around the time that two Chinese conglomerates teamed up to pay $1.9 billion for the California-based firm. Unknown Chinese company Will Semiconductor Co. Ltd. decided to take over it. People are still baffled by this.
OmniVision Technologies Inc