Uber Technologies Inc
Without Uber, it is tough for us to think about what our lives would be like today. The app allows users to hail a ride with the simple press of a button. In 2009, Travis Kalanick and Garrett Camp came up with the concept for the app. Since then, much progress has been made! It is now a multi-billion-dollar corporation that is well-known not just in the United States but also in other regions of the world. The year 2014 saw a Chinese internet business, Baidu Inc., invest more than $600 million in the hopes of assisting the company’s expansion into the Chinese market. It was a win-win situation because Baidu could leverage the app to expand its own mobile payment business, which was mutually advantageous. We are relieved that everything worked out!
Uber Technologies Inc
OmniVision Technologies Inc
OmniVision Technologies Inc. and Will Semiconductor Co. Ltd. formed a collaboration in such secrecy that the general public did not learn of it until more than a year after it was created. When the story first surfaced in April of this year, they had already completed transactions totaling more than $2.1 billion. Because they kept things so low-key, we don’t know many of the specifics of what transpired throughout the transaction. However, we do know that OmniVision first began engaging with Chinese investors in 2015. This is the first time we’ve heard this. The event occurred when a group of Chinese corporations formed a joint venture to purchase the California-based company for $1.9 billion. People are still perplexed as to why a relatively obscure Chinese corporation such as Will Semiconductor Co. Ltd. decided to acquire the company.
OmniVision Technologies Inc
