50+ Businesses That Are Not American Anymore |

50+ Businesses That Are Not American Anymore

From Starbucks to Apple, many of the world’s most well-known corporations had their start in the United States of America. Before these companies rose to the top of their respective industries, they were start-ups with limited resources. The world of business, on the other hand, is never relatively as straightforward as it appears. Although a corporation may have been created on US soil, this does not imply that it will be headquartered there indefinitely. In fact, you may be astonished to learn that many trademarks have subsequently ceased to be associated with the United States. In companies ranging from IBM to Ben and Jerry’s to Holiday Inn, foreign investors play a significant role in the organization’s destiny. It is possible that many of these firms would no longer exist if they had not intervened at the appropriate time.

General Electric

In 1982, General Electric was a relatively insignificant company. Since then, however, it has risen at an exponential rate. Since then, it has expanded into new industries such as healthcare, aviation, venture capital, and energy. This is one of those brands that gives you a strong sense of belonging, thanks to the “Made in America” stamp on the products.

General Electric

Even so, since its inception in 2016, it has been under the control of a Chinese corporation known as Haier. For a company of its size, GE was purchased for $5.4 billion, which is considered a high price. It makes no difference whether the products are still made in the United States; the final decisions are made in China.

AMC

AMC theaters have been providing moviegoers with relaxing and entertaining moviegoing experiences for over a century. This company helped it establish a name in the industry, and it eventually grew to become the world’s largest movie theater chain. Despite the fact that AMC stands for American Multi-Cinema, the truth is that between 2012 and 2018, a Chinese company known as Dalian Wanda Group-owned the majority of the company’s shares.

AMC

However, due to Silver Lake Partners’ $600 million investment in the company in 2018, this changed slightly. Despite this, when it comes to executive-level decision-making authority, the Wanda Group still has the final say.

Budweiser

Some people believe that when it comes to beer, you can’t get much more American than this. It may have been confirmed in the past, but the truth is that, despite being founded in Missouri, this is no longer an American corporation, regardless of the fact that the word “America” is still printed on the container.

Budweiser

InBev, a Belgian beer behemoth, bought this company for 52 billion dollars in 2008. It may have had a strong past relationship with the United States, but we can’t say the same for its future. Regardless, we are grateful that the parent company did not alter the original formula in any way. It tastes exactly the same as it did before!

Ben & Jerry’s

This ice cream company has established itself as a pop-culture institution over the years. Due to its popularity as one of the most beloved foods in the United States, Ben & Jerry’s ice cream has been featured in numerous television shows and films. Jerry Greenfield and Ben Cohen, two best friends, opened Greenfield & Cohen, an ice cream parlor in Vermont, in 1978.

Ben & Jerry’s

Unilever bought the company for $326 million in 2000, and things started to change. The London-based multinational was the highest bidder out of three companies interested in purchasing the ice cream maker, according to the Financial Times. This turned out to be an excellent choice because it helped Unilever’s portfolio to improve.

Burger King

Most people think of fast food when they think of the United States. Burger King is one of many locally owned and operated businesses in the area. In 1954, David Egerton and James McLamore opened the first “Insta Burger King” location in Miami, Florida. They had no idea it would become a well-known brand around the world.

Burger King

For the first time in a decade, they were able to sell the company. It has been owned by several different people since then. Restaurant Brands International, a Canadian corporation, currently owns it. BK continues to receive financial support from 3G Capital, a New York City-based firm.

Trader Joe’s

There has always been fierce competition in the convenience store industry for as long as it has existed. In densely populated areas, this is especially true. During the summer of 1967, a man named Joe Coulombe began stocking his Monrovia, California, store with exotic and hard-to-find foods in order to lure customers away from 7-Eleven and into his establishment.

Trader Joe’s

His plan worked out well. Despite the fact that the company became well-known, he sold it in 1979. It is currently owned by Theo Albrecht, who also owns Aldi Nord, a large German grocery chain, and other businesses. He is estimated to have a net worth of over $16 billion, in addition to coming from a wealthy family. Whoa.

Lucky Strike

Lucky Strike, also known as Luckies, is widely believed to be the most popular cigarette brand in the United States. People smoked the product because the company had a successful marketing strategy in the 1930s and 1940s. One of the reasons the brand became the best-selling cigarette brand at the time was because of this. British American Tobacco, based in the United Kingdom, began doing business with the company in 1976.

Lucky Strike

In 1994, the United Kingdom-based company bought the American Tobacco Corporation and its subsidiaries, Lucky Strike and Pall Mall. Despite its many transformations, it is still regarded as a uniquely American brand. This is due to the fact that it is widely accepted in popular culture. The Mad Men television show featured the brand prominently!

American Apparel

Consumers couldn’t help but notice American Apparel’s “Made in the USA – Sweatshop-free” slogan, among other things. I thought encouraging ethical buyers to support the LA brand was a fantastic idea. Until 2015, when it began to struggle to regain its previous performance levels, the company had been performing exceptionally well.

American Apparel

Two years later, the company was rescued by Gildan Activewear, a Canadian firm that paid $8 million for the rights to the company’s name and manufacturing equipment. If this had not happened, we doubt American Apparel would still be in business today. The brand’s headquarters are still in the United States of America if you want to be literal about it.

7-Eleven

Every successful company in the world began with a single visionary. This was also the case with 7-Eleven. In 1927, Jefferson Green was a regular Joe at Southland Ice when he decided to broaden the company’s product line and market reach. He started providing extras like bread, eggs, and milk. It turned out to be a good business idea.

7 Eleven

After renaming his Dallas-based company 7-Eleven in honor of its operating hours, it became even more successful. It has become ingrained in American culture several decades later. It did, however, have a rough time during the 1987 financial crisis. It was at this point that Ito-Yokado, a Japanese corporation, stepped in to help the company. As a result, it was purchased by Seven & I Holdings and became a subsidiary of the firm.

Sunglass Hut

For many eyewear enthusiasts in the United States, Sunglass Hut is the most popular place to shop. From tinted sunglasses to clear spectacles, the company has everything you could possibly need. South Africa, India, and the United Kingdom are among the countries where it operates. Despite this, the company was founded in Miami, Florida, by Sanford Ziff, an optometrist who served as the company’s inspiration.

Sunglass Hut

Five years after opening its 100th location in New York City, the company was sold in 1986. In 2001, the Luxottica group paid $653 million for the company. At the time of the survey, there were more than 1,300 stores open. Currently, there are approximately 2,000 outlets in nearly every country on the planet!

Motorola

Motorola, best known for its technological products, was founded in Schaumburg, Illinois, decades before the public was introduced to the concept of mobile phones. Following its founding in 1928, the company continued to grow until it reached the pinnacle of its success with flip phones and other similar devices.

Motorola

Google eventually bought the company, but it was later sold to a Chinese company called Lenovo in 2014. This was not beneficial to Google because it purchased the company for $12 billion two years before selling it for $2.9 billion. Others are perplexed as to why Google appears to be fine with a $10 billion loss on this transaction from 2011.

Ironman

The Ironman competition was started by the Hawaii Triathlon Corporation. The property was bought for $3 million by Dr. James P. Gills in 1990. It has grown significantly since then to become a much larger organization than it was at the start. The company was bought for $85 million by Providence Equity Securities in 2008.

Ironman

After that, it was purchased for $650 million by the Dalian Wanda Group seven years later! It turns out that the Chinese firm was even required to assume the previous owner’s debt in order to do so. Wanda was ecstatic with the company’s year-over-year net growth of 40%. It had, however, been successful prior to the current arrangement.

Forbes

In September 1917, Forbes published its first issue, marking the publication’s 100th anniversary. Is it possible that it has been 103 years since that event occurred? The publication has since evolved into a reliable source of information, publishing definitive and dependable celebrity and business rankings. We’re sure you’ve heard of some of its well-known lists, such as the World’s 100 Most Powerful Women and the 30 Under 30 list.

Forbes

It is no longer owned by an American corporation, but rather by a Hong Kong-based company called Integrated Whale Media Investments, which was founded in 2008. Forbes was purchased by the company in 2014 for $400 million. However, we doubt that the readers noticed anything different before and after the purchase.

Dirt Devil

Dirt Devil vacuum cleaners have been keeping American homes clean and organized for over a century. Philip Geier invented it in Cleveland, Ohio, in 1905, and it is still in use today. Since then, the product line has expanded to include over 25 million units sold around the world. This is primarily due to the one-of-a-kind Cyclone system.

Dirt Devil

Even though the company’s headquarters are still in North Carolina, it is proudly owned by Techtronic Industries, a Chinese company. It does not only own the Dirt Devil brand of household appliances. According to the company, it also purchased Hoover a few years ago. We are confident that the HK-based company’s appliance investment portfolio has improved as a result of these selections.

Good Humor

Baby boomer generations are particularly fond of Good Humor ice cream. The company is best known for its ice cream truck fleet, which has been in operation for over a century. It began in the 1920s in Ohio and hasn’t looked back since. In 1961, Thomas J. Lipton, a representative of Unilever, bought the company.

Good Humor

Even though Lipton now oversees the American arm of this British-Dutch conglomerate, the situation for Good Humor has only improved since then. As a result, the company has expanded its product line to include a wider range of products while maintaining a loyal customer base across the country.

Popsicle

Keep your breath until you hear about this organization’s exciting history! After unintentionally leaving his drink outside with a stick in it for the entire night while playing outside, an 11-year-old boy from Oakland, California developed the Popsicle formula. When he returned the next day to get it, he discovered it had been frozen solid! Francis Epperson grew up to take it all over the world and show it to everyone.

Popsicle

As a result, in 1925, he sold the rights to Joe Lowe, and the film became an instant hit. He expressed regret for his choice, saying, “I haven’t been the same person since.” In 1989, when it was still a division of Unilever, the popsicle was purchased by Good Humor, a previous competitor company. It is now owned by the same English-Dutch parent company as the original.

Purina

In 1894, George Robinson, William H. Danforth, and William Andrews started Purina by feeding farm animals in their spare time. They had no idea that their discovery would make them extremely wealthy. Despite the fact that Nestle is better known for its food products than its pet products, the Swiss corporation purchased Purina in December 2011 for $10.3 billion.

Purina

Purina and Friskies PetCare, the company’s pet food division, were integrated as part of the company’s strategy to integrate Purina and Friskies. Purina, on the other hand, has remained a household staple not only in the United States but also around the world.

Firestone

On the other hand, the deal did not go over well with everyone. The tire manufacturer Firestone announced that it would merge with Pirelli, an Italian company. This was one of the reasons why Firestone decided to sell to Bridgestone Corp. of Japan rather than go public. The Tokyo-based company paid $2.6 million for the stock, which works out to $80 per share.

Firestone

Bridgestone has now surpassed General Motors as the country’s second-largest tire manufacturer as a result of this decision. “The Bridgestone offer achieves our objective of increasing shareholder value and will materially increase the employment security and career opportunities available to the men and women employed by Firestone’s existing businesses,” a Firestone representative said in an interview with the Los Angeles Times.

Gerber

Nestle announced in 2007 that it planned to spend $5.5 billion on the purchase of Gerber Products Company, a baby diaper manufacturer. It was the right decision because the Swiss company gained the largest market share in the baby food industry as a result. Of course, the business has come a long way since its humble beginnings in New Jersey! It is a highly profitable market to be a part of.

Gerber

Since 1927, when Daniel Frank Gerber’s wife began preparing baby food for their daughter Sally, who was born the same year, the baby food shop has been in operation. He came up with the idea of selling the goods, and they quickly came up with five new items to sell.

Citgo

Citgo, which began operations in Oklahoma in 1910, has evolved into a major marketer and refiner of fuels and other products. Petróleos de Venezuela, a Venezuelan company, bought half of it in 1986 and became the company’s parent company, which it remains today. Unfortunately, things haven’t been going well for it recently.

Citgo

President Hugo Chavez announced his intention to sell his shares in Citgo, claiming the company was doing “poor business” due to declining profitability. They decided to sell bonds instead, so the sale was canceled. The South American country went through a recession in 2013 that it was unable to recover from. It was offered to Russia as collateral for a loan, but the project’s future is uncertain.

IBM (PC Division)

To say the least, IBM’s history is fascinating. Since its inception in IBM, this company has aided the United States in maintaining its technological leadership. It was more involved in business machines than computers back then. Lenovo purchased its PC division for $1.75 billion in 2004.

IBM (PC Division)

Chuanzhi Liu, who was the CEO of Lenovo back then shared, “As Lenovo’s founder, I am excited by this breakthrough in Lenovo’s journey towards becoming an international company.” IBM CEO Sam Palmisano, on the other hand, expressed his thoughts by saying, “Today’s announcement further strengthens IBM’s ability to capture the highest-value opportunities in a rapidly changing information technology industry.”

Legendary Entertainment Group

Dalian Wanda Group decided to go all-in by purchasing a movie studio in 2016 after purchasing AMC, which had seen tremendous success in the film industry. Legendary Entertainment Group transferred ownership of the Chinese company after selling its stake in it for $3.5 billion.

Legendary Entertainment Group

The Dalian Wanda Group intended to include it in its current portfolio of businesses at the time. However, it was eventually decided that keeping things as they were was the best option. Let’s take a look at how things are going for LEG now that the transaction has been completed for four years. Since its takeover in 2011, the company has produced films such as Jurassic World: Fallen Kingdom, Pacific Rim: Uprising, Kong: Skull Island, and Skyscraper!

Hoover US

Hoover is a well-known and respected manufacturer of household appliances in the United States, having been founded in 1908. It was given this name in honor of its founder, William Henry Hoover, and it is now well-known. Despite the fact that things remained local for the longest time, after Techtronic Industries purchased it for $107 million in 2006, things began to change.

Hoover US

The central office is now in Hong Kong, despite the fact that the headquarters are still in North Carolina. The company is colossal, with over 30,000 employees and annual sales of more than $7.7 billion. It is in good hands, despite the fact that it is no longer an American corporation.

Frigidaire

Frigidaire was founded in Indiana in 1918 under the name Guardian Refrigerator Company. While Alfred Mellowes and Nathaniel B. Wales had the idea, they lacked the funds to see it through. To save the day, a GM executive named William C. Durant stepped in.

Frigidaire

He invested in the company, allowing the two of them to grow it to where it is now. When the company went out of business in 1979, it was owned by The White Sewing Machine Company. Electrolux, a Swedish company, bought the company in 1986. Frigidaire is still a subsidiary of this company. Nonetheless, it appears to be doing fine on its own.

Strategic Hotels And Resorts

This hotel brand is currently responsible for 17 luxury hotels in the United States and one in Germany. Strategic Hotels and Resorts is a family-owned and operated company that was founded in 1997. Laurence S. Geller, a real estate investor and philanthropist, was the project’s inspiration. It was reported in 2016 that Anbang Insurance Group, a Chinese company, was interested in buying it for $6.5 million.

Strategic Hotels And Resorts

The contract, however, appears to have been renegotiated in the end, as the insurance company was able to purchase the hotel chain for $1 million less than originally agreed. The fact that one of the properties was unable to sell played a role in the situation. The US authorities forbade it from passing through because it was so close to a naval installation.

Alka-Seltzer

There has been an Alka-Seltzer trademarked drug for a long time. Back in 1931, the Dr. Miles Medicine Company, now known as Miles Laboratories, began selling this pain reliever and antacid drink. After a long time in American hands, a German company called Bayer bought the company in 1978.

Alka-Seltzer

When it comes to pharmaceutical companies, Bayer has built a solid reputation for collaborating with some of the most successful in the world. As recently as 2004, GlaxoSmithKline and Pfizer reached a joint agreement to use the tagline “Strike Up A Conversation” to increase Levitra sales.

The Chrysler Building

Many people were surprised when The Wall Street Journal published a report in 2019 about the sale of the Chrysler Building. After all, this was one of the most well-known structures in the New York skyline. But the truth is that it hasn’t been in the hands of an American in a long time.

The Chrysler Building

In 2008, the Abu Dhabi Investment Council purchased a majority stake in the company for $800 million. After that, it was bought for more than $150 million by an Austrian company called SIGNA a decade later. This was interpreted as a significant loss upon publication, and it received widespread coverage in financial publications around the world.

General Motors

Did you know that GM is the world’s largest car manufacturer, with plants in over 100 countries? It is a very appealing and profitable business to get involved with because it is one of the largest companies in the industry on a global scale. Despite the fact that Shanghai Automotive Industry Corp does not have complete control over the company, it is completely reliant on it for cash flow.

General Motors

In 1998, the two companies formed a joint venture and began working together. Customers may be unaware that SAIC sells cars under the General Motors brand, but it does. They are two separate companies, with the SAIC headquarters in Shanghai and the GM headquarters in Detroit.

Spotify

It’s difficult for us to imagine a time when we couldn’t listen to our favorite music with the simple press of a button. We are extremely grateful to Spotify for making this possible! Since its inception in 2006, the New York-based company has become known for providing customers with the option of streaming music. Despite its Swedish origins, it has since traveled to a variety of locations all over the world.

Spotify

During the third quarter of 2017, Spotify and Tencent Holdings each bought a 10% stake in the other. Spotify’s entry into the Chinese market was assisted by the joint venture, which also allowed Tencent to expand its catalog. The streaming service was having trouble expanding its market share in China prior to collaborating on this project.

The Waldorf Astoria Hotel

Anyone looking for high-end accommodations in New York City’s luxury district should consider this luxurious hotel. It is a New York institution as well as a piece of American history that has been passed down through the generations. Anbang Insurance Group bought the hotel for $1.95 billion in 2014, despite the fact that it is managed by Hilton Worldwide. It is the most expensive hotel in the world’s history as a result of its astronomical price.

The Waldorf Astoria Hotel

A portion of the hotel’s rooms were converted into condominiums after the Chinese corporation renovated it extensively. Apart from that, the insurance company is looking to buy more American businesses. The company was considering buying Starwood Resorts.

Tesla

Elon Musk, dubbed the “brains behind Tesla,” is the company’s largest shareholder, with a 21.7 percent stake in the California-based firm. Tencent Holdings Ltd is one of the corporation’s many stockholders. As evidenced by the above statement, the Chinese corporation appears to be interested in a variety of other things in addition to music.

Tesla

Tencent is also the world’s largest video game company and one of the world’s largest social media companies, which is a nice bonus. It even managed to earn $95.8 billion in net income in 2019. Whatever it is that they are doing, it is clear that they are doing it right! It is our expectation that it will continue to grow in the future.

Snapchat

We doubt that if Snapchat hadn’t existed, the trend of applying goofy filters to our photos would have started. Bobby Murphy and Evan Spiegel, the app’s creators, started it in 2011 with no idea how successful it would become. According to some estimates, Snapchat is now worth more than $20 billion.

Snapchat

Tencent, a Chinese company, expanded its reach in 2017 to include the social media platform Snapchat. This tech behemoth spent more than $2 billion to acquire a 10% stake in the social media platform, with the hope of reaping substantial financial rewards in the future. Tencent also aided Snapchat in developing augmented reality capabilities by utilizing its technological expertise, as previously mentioned.

Ingram Micro

In 1979, Ingram Micro began as a small tech product distributor. The business has evolved into a global leader in technology distribution. It has grown from a small start-up to a multibillion-dollar corporation as a result of its success. It purchased Softinvest, a developing Belgian company, in the early 1990s.

Ingram Micro

Ingram was able to distribute HP products as a result of this move, giving them a stronger market position. Ingram Micro was purchased by Tianjin Tianhai Investment, a Chinese firm affiliated with the HNA Group, for $6 billion in 2016. As a result, it rose to become one of the parent company’s most profitable subsidiaries across the board. Ingram, on the other hand, now has a much larger international presence as a result of this.

Fidelity & Guaranty Life

The Fidelity and Guaranty Life Insurance Company has helped millions of people secure their financial future since its founding in 1959 in Des Moines, Illinois. Nonetheless, the organization’s own future was not completely secure. It was previously owned by Harbinger Group, but in 2013, the parent company decided to make it available to the general public.

Fidelity & Guaranty Life

Anbang Insurance Group bought F&G for $1.57 billion after becoming interested in it. Everything seemed to be going well until the Chinese firm decided to cancel the contract at the last minute. Following the abrupt change of plans, CF Corp purchased F&G in 2017 for $1.84 billion.

Universal Music Group

For any aspiring musician, landing a record deal with Universal Music Group would be a dream come true. The music industry is dominated by one of the “Big Three” record labels, which includes Warner Music Group and Sony Music Entertainment. For nearly a century, UMG has been a part of the entertainment industry.

Universal Music Group

Despite the fact that it has aided in the development of many local artists, it is no longer a wholly American company. The majority of the company was owned by Vivendi, a French conglomerate, for over a decade. Nonetheless, in the year 2020, it agreed to sell its stake to Tencent. The Shenzhen-based corporation paid $33.4 billion for a 10% stake in Universal Music Group’s music business.

WeWork

We’re sure you’ve noticed an increase in the number of shared workspaces in recent years. Freelancers and small businesses will appreciate this setup. WeWork took advantage of this when it first opened its doors a decade ago. It now covers over 4 million square meters in total!

WeWork

Nevertheless, in 2016, the company faced a difficult period and required additional funding. Legend Holdings Corp., a Beijing-based company, joined the company as a “new partner” and invested more than $430 million in the venture. To put it another way, Legend Holdings Corp.’s John Zhao went so far as to say, “Our investment in WeWork is both strategically important and clear.”

Segway Inc

For many years, riding a motorcycle on two wheels was thought to be something out of a science fiction film. However, in recent years, things have changed dramatically. Segway, Inc. has shown us that this is also possible in the real world. Ninebot, a Beijing-based company, purchased the transportation company for 80 million dollars in 2015.

Segway Inc

Thanks to the Chinese company’s assistance in expanding Segway’s presence in the worlds of technology and robotics, things have only gotten better for the company since then. The corporation announced plans to relocate its manufacturing sector from New Hampshire to China in 2018. Finally, the company issued a retraction, stating that the vast majority of production would remain in Bedford.

John Hancock Life Insurance

Financial Opportunities by John Hancock is a brand name for a variety of financial products that can be purchased. No one can deny that the company’s most well-known product is life insurance, and this is no secret. It has been in operation since 1862 in Boston, and it is still going strong.

John Hancock Life Insurance

However, in 2004, it was purchased by Manulife Financial, a Canadian corporation. Although the new parent company could have simply absorbed the John Hancock brand, it chose to keep it as a symbol of continuity under its previous name. Manulife Financial is headquartered in Toronto and has a workforce of over 34,000 people, including 63,000 agents.

Sotheby’s

A Chinese life insurance company was interested in buying a stake in a luxury art broker, which may surprise you. Sotheby’s has been in operation since 1744 when it was founded in London. It did, however, open a store in New York City. It grew from there, opening new locations all over the world.

Sotheby’s

Taikang Life Insurance Co. Ltd., a Chinese company, announced in 2016 that it had paid $1 billion for a majority stake in Sotheby’s auction house. Sotheby’s remained in this state until it was purchased in 2019 by a French-Israeli businessman named Patrick Drahi. However, we don’t know what will happen to a Chinese insurance group’s 13.5 percent stake in the company.

The Barclays Center

Every sports fan or music fan who has ever visited the city is familiar with the magnificent Barclays Center. Joseph Tsai, a Taiwanese-Canadian business billionaire, completed the purchase of this iconic theater in 2019. Aside from that, the Alibaba Group’s chairman has purchased the NBA’s Brooklyn Nets.

The Barclays Center

Tsai stated at the time, “With full ownership of the Nets and Barclays Center, we will continue to provide our entertaining style of basketball to our fans.” He continued, “We’ve made a significant commitment to Brooklyn, and it will be an honor to offer the best of Barclays Center, with its fantastic entertainment, to our neighborhood.”

Brookstone Inc

Brookstone Inc. was founded in the mid-1960s as a mail-order company that specialized in selling specialized and unique products. It started selling alarm clocks, remote control toys, and other accessories after a while. By 2018, the company had grown to 34 locations across the US. However, in 2014, the company ran into financial difficulties and had to declare bankruptcy.

Brookstone Inc

Sanpower and Sailing Capital, two Chinese corporations, were fortunate enough to save the company by purchasing it for $173 million. We are thankful that they intervened at the right time to keep Brookstone from going completely bankrupt. The corporation was able to emerge from bankruptcy a few months later, in July 2014, providing much-needed relief to the public.

Dairy Farmers of America Inc

Who’d have guessed that a company with a name like the Dairy Farmers of America would have ties to China? It is true, despite the fact that it appears improbable. Inner Mongolia’s Yili Industrial Group partnered with DFA in 2014 to build a new milk powder processing factory.

Dairy Farmers Of America Inc

It happened around the same time that China was unable to produce milk due to a drought in New Zealand, a neighboring country. This meant the country’s food supply was completely cut off. Inner Mongolia Yili Industrial Group has increased its international footprint in recent years in an effort to combat the problem. The two companies are bedfellows, despite the fact that DFA does not own it.

Fab.com Inc

The truth is that any company operating in the online design industry will face stiff competition. Fab.com Inc. was previously headquartered in New York. Despite this, Tencent Holdings recently made a significant investment in the company, valued at around one billion dollars. Fab had previously expressed an interest in entering the Asian market.

Fab.com Inc

Jason Goldberg, the company’s CEO, says “it’s a method to enter markets through strategic partners that can assist lower risk and raise the likelihood of success.” The company, which had been in operation for two years, was purchased by PCH International in 2015. Following the incident, the company rebranded as a health brand that specializes in yoga equipment.

The Cleveland Cavaliers

The NBA franchise was able to make its debut in the league in 1970 thanks to the help of sponsors. The Cleveland Cavaliers continued to grow in the decades after that. Companies such as Goodyear Tire and Rubber Company, among others, backed it up. However, in 2019, they began to pique the interest of international investors as well.

The Cleveland Cavaliers

The Cavaliers formed a partnership with Jianhua, a Chinese billionaire who had previously worked with the New York Yankees and other professional sports teams, earlier this year. According to reports, he purchased a 15 percent interest in the NBA franchise. There’s no reason to be surprised, as sports clubs in general frequently receive funding from overseas sources. This is also one of the reasons why LeBron James has such a devoted following in China!

Riot Games Inc

League of Legends players will recognize the name Riot Games from the developer’s work on the game. Once released in 2009, the game quickly grew in popularity and eventually became the company’s most well-known product. Despite the fact that Riot Games and Tencent have been working together for a long time, their relationship peaked in 2015.

Riot Games Inc

The remaining shares in the company were purchased by a Chinese corporation. As a result, it became the parent company of Riot Games. Before this event, it already owned 93 percent of the gaming company. With this in mind, we believe the new development was already a foregone conclusion at the time of publication. Riot Games has a market capitalization of $6 billion.

Uber Technologies Inc

It’s difficult to imagine what our lives would be like today if Uber didn’t exist. The app allows users to request a ride with a single button press. Travis Kalanick and Garrett Camp came up with the app’s concept in 2009. Much progress has been made since then! It has grown into a multibillion-dollar corporation that is well-known not only in the United States but throughout the world.

Uber Technologies Inc

Baidu Inc., a Chinese internet company, invested over $600 million in 2014 in the hopes of assisting the company’s expansion into the Chinese market. It was a win-win situation because Baidu was able to use the app to grow its own mobile payment business, which was beneficial to both parties. We’re relieved that everything went as planned!

OmniVision Technologies Inc

OmniVision Technologies Inc. and Will Semiconductor Co. Ltd. formed a partnership in such secrecy that it took over a year for the general public to learn about it. They had already completed transactions totaling more than $2.1 billion when the story first surfaced in April of this year. We don’t know a lot of the details about what happened during the transaction because they kept things so low-key.

OmniVision Technologies Inc

We do know, however, that OmniVision began working with Chinese investors in 2015. We’ve never heard anything like this before. When a group of Chinese corporations formed a joint venture to buy the California-based company for $1.9 billion, the event occurred. People are still perplexed as to why Will Semiconductor Co. Ltd., a relatively unknown Chinese corporation, decided to buy the company.

Baby Trend Inc

This baby goods company, based in Fontana, California, offers a wide range of products, from car seats to high chairs to diaper pails. It continued to grow exponentially over the years after being purchased by the Alpha Group, a Chinese company.

Baby Trend Inc

Wang Jing, Vice-President of the Alpha Group, expressed his enthusiasm for the prospect of providing safe, educational, and entertaining solutions to infants and their caregivers all over the world. Purchasing Baby Trend will allow us to integrate our unique technology and excellent intellectual properties into an entirely new category, in addition to expanding our existing experience in the baby and infant sector globally.

University of Texas MD Anderson Cancer Center

Many people were perplexed when it was revealed in 2012 that a Beijing-based company called Concord Medical Services had bought a fifth of the University of Texas M.D. Anderson Cancer Center Proton Therapy Center. Despite the fact that the incident had no bearing on the university’s ownership stakes, the Chinese company’s profile was raised as a result of it. Dr. Jianyu Yang stated, “Proton therapy has gained widespread acceptance as a type of radiation therapy.”

University Of Texas MD Anderson Cancer Center

Concord Medical’s medical chairman and chief executive officer is him. Concord Medical has announced that it plans to open and operate two proton centers in China. “This transaction will provide us with the opportunity to gather valuable experience and knowledge about the operations of a proton treatment center from the world’s leading provider of proton therapy cancer care.”

Hilton Hotels

Hilton Hotels & Resorts was founded by Conrad Hilton in 1919. It has been in operation for more than a century, which is a remarkable achievement. In a short period of time, Hilton has gone from a handful of locations to a household name. There are now 586 hotels in 85 countries, which is a significant increase.

Hilton Hotels

In 2016, HNA Group, a Chinese aviation and shipping company, paid $6.5 billion for a 25% stake in the hotel chain. It then overtook the previous record holder as the company’s largest shareholder. HNA had also purchased Carlson Hotels earlier this year in order to expand its hotel holdings. Hilton was valued at around 26 billion dollars when it was sold to HNA.

Starplex Cinemas

Starplex Cinemas, on the other hand, was never able to match AMC’s level of success. After all, the company only has 34 locations across the US. Many people in the United States have never visited one of its theaters because it does not have a presence in many parts of the country. In 2015, AMC Theaters paid $175 million for the property.

Starplex Cinemas

The former theater locations were then converted into AMC Classics locations. We’ve already informed you that AMC is now under the control of the Dalian Wanda Group, a Chinese conglomerate. The company has faded into obscurity since all of the Starplex theaters were converted into AMC locations in 2017. As evidenced by this statement, Dalian Wanda Group and AMC have effectively taken it over.

California Grapes International Inc

In the Californian city of San Jose, this one began as a small, family-owned business. Its primary focus used to be on wine distribution. However, the company’s fortunes began to change after China Food Services Corp. purchased California Grapes International Inc. Despite this, due to the economic downturn, it has been forced to fade into obscurity. Neither of the parties have mentioned the total cost of the purchase.

California Grapes International Inc

What does China Food Services Corp, which was founded in 1992, stand for? It is “involved in the marketing and distribution of food and beverages throughout Asia and the Middle East,” according to the company. It owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. as part of its operations.”

Fisher-Price

This toy manufacturing company has been in operation since 1930. Despite the fact that Fisher’s headquarters prices are set in the United States, the company has agreements with vendors in other countries. It also has 11 factories in China, which is a huge benefit. In 2007, Fisher-Price made headlines as a result of its parent company Mattel’s involvement.

Fisher-Price

A million toys manufactured in those factories were recalled, among other things, according to several media outlets. These products, according to reports, contained too much lead. The presence of this material could endanger children’s health. Because the company’s primary product line is toys for very young children, this was a particularly concerning development.

Hush Puppies

This footwear brand was first introduced to the public in 1958. It has been in serious trouble since the mid-1990s, but current chairman Geoffrey Bloom may be able to turn things around. Wolverine World Wide, the company’s parent company, markets and licenses the items in 120 countries, including the United States, according to its website. The shoes, on the other hand, are made in a variety of locations around the world.

Hush Puppies

Despite having its headquarters and plant in Rockford, Michigan, the company saves money by outsourcing manufacturing to other countries. Furthermore, the company is well-known for using Scotchgard, a leather preservative used during the tanning process to extend the life of the shoes. Factory locations include Brazil, Vietnam, China, and other countries.

Gillette

When the topic of shaving razors comes up, many people immediately think of the Gillette brand. It has been in use in a factory in Boston, Massachusetts, since the early twentieth century. It has been confirmed that a portion of the blade is made in the United States. On the other hand, the razors, cartridges, and handles are made in Brazil, China, Mexico, and Poland.

Gillette

Even so, as you can see from the website, demand for these products has grown, necessitating the company’s expansion. In 1992, Gillette established a manufacturing facility in Shanghai in an attempt to meet market demands. This has allowed the company to reach a new high of one billion razors per year.

Barbie

In 1959, Ruth Handler created the first Barbie doll, marking the start of the popular doll brand’s history. These dolls are still very popular six decades after they were first introduced. Mattel, the company that owns the Barbie brand, claims to make $58 million per year in sales! As a result, on average, it sells more than 100 dolls per minute.

Barbie

Mattel’s annual net revenue is estimated to be around $1.5 billion. Were you aware that no Barbie dolls were produced in the United States? The first one was established in Japan in 1959, while the country was still recovering from World War II’s effects. At the moment, there are four plants in operation around the world, in China, Indonesia, and Malaysia.

Huffy

The fact that the bicycle supply company has been in business for over a century is quite remarkable. It began in Dayton, Ohio, and has since expanded to include several subsidiaries. The list includes companies such as Gen-X Sports, Royce Union, Huffy Bicycle Co., and American Sports Design Co. The company was founded by George Huffman, who named it after an old moniker he used to go by.

Huffy

The company shut down two of its American operations in late 1999 and outsourced manufacturing to other countries. Six manufacturing facilities in China, one in Taiwan, and one in Mexico are currently in operation. Previously, the plants in the US were located in Celina, Ohio.

Oakley Sunglasses

James Jannard, an entrepreneur who started with a $300 investment, founded Oakley. It’s difficult to comprehend how it went on to become the legendary sunglasses brand it is today. The property was previously purchased by Luxottica, a Milan-based firm. Regardless, Oakley’s headquarters in Lake Forest, California, continues to operate.

Oakley Sunglasses

The 1975-founded company went public in 1995, raising $230 million in its initial public offering. Since then, it has expanded its product line to include, among other things, ski goggles and shin guards. Following the sale of the company, James Jannard decided to pursue a new career path. To serve that market, he founded Red Digital Cinema in 2007.

Converse

Converse was founded in 1908 in Boston, Massachusetts, and is best known for its high-top canvas shoes. When World War II broke out, the company had no choice but to stop producing entirely. During that time, the company specialized in military footwear. It returned after the war was over and kept some of its characteristics in its products.

Converse

After declaring bankruptcy in 2001, Converse’s fortunes changed dramatically. The company was purchased by Nike in 2003 in order to keep it afloat. It began to be made in other countries as well, thanks to a parent company that owns a large number of plants in China. Currently, shoes are made in India, China, Indonesia, and Vietnam, among other places.

Nike

Nike has a large number of manufacturing facilities outside of the United States, as previously stated. In fact, one out of every five pairs of shoes is thought to be manufactured in China! The athleticwear company’s contracts with 180 manufacturers in the country where it operates employ more than 210,000 people. In terms of output, this makes the country the second-largest Nike producer in the world, trailing only Vietnam.

Nike

Other countries where the company outsources manufacturing include Brazil, Japan, Sri Lanka, and Indonesia. For quite some time, Nike has been attempting to reduce its manufacturing operations in China. In 2012, one out of every three partnerships in that country was formed, but by 2015, that number had dropped to one out of every five. Nike, on the other hand, has never explained why this decision was made.

Levi’s

If you’re considering buying denim clothing, Levi’s Jeans is a good place to start. The company’s net sales revenue is $5.76 billion per year, according to its website. Throughout the 1960s, its products were extremely popular. People from other professions and industries joined the consumer base, which grew beyond blue-collar workers.

Levi’s

The company went public on the stock market in the early 1970s. It has since expanded its operations to more than 50 countries around the world. Almost all products are made outside of the United States, in countries such as Italy, China, Japan, and other Asian nations. According to the company, the 501 Jeans are still manufactured in a plant in North Carolina.

American Girl

In the United States, a new line of dolls from our company has become very popular! Do you have any old and antique American Girl dolls? You could be eligible for thousands of dollars in damages. In 1998, Pleasant Rowland founded the Pleasant Company, which was responsible for the dolls’ creation. These products were initially only available through the mail-order system.

American Girl

Mattel purchased the brand in 1998 and increased the toys’ popularity by making them more widely available to the general public. Demand increased, which led to an increase in production. The dolls are now made in Germany, despite the fact that the books are still made in Wisconsin. Their accessories, on the other hand, are made in China and then shipped to Wisconsin, where they are assembled.

Chevrolet

Chevrolet is proud to say that its products are made in the United States, as one of the “Big Three” automobile manufacturers. Although the cars are still built in the company’s Detroit plants, the parts are imported from China. More than half of the parts used in Chevrolet vehicles come from outside the United States.

Chevrolet

Take the Chevrolet Silverado pickup truck, for example. Only 46% of the components are produced in the United States. The Chevrolet Colorado, with 51 percent of the market, is a little more American. Without a doubt, the Corvette is the most American of automobiles! Except for nine countries, the company sells its vehicles in every country on the planet. South Korea, which sold these vehicles under the name “Daewoo Motors” until 2011, is a significant market for them.

Radio Flyer

The red toy wagon is the most famous product of Radio Flyer, which is headquartered in Chicago. It also sells tricycles, bicycles, ride-on toys, and toy horses, among other items. The company has maintained its headquarters in the exact location for over a century in the industry.

Radio Flyer

In 2004, a Chicago-based toy company claimed to be “a Chicago brand.” A company’s subsidiary manufactures tricycles, scooters, and a variety of other toys in China. The red plastic wagon, which has always been made in Wisconsin, is the only exception. To commemorate the company’s 80th anniversary, a special wagon was built, which was the world’s largest wagon at the time.

Craftsman

Sears, Lowe’s, Walmart, Home Depot, and any other home improvement retailer carry craftsman tools. Although it has manufacturing facilities in the United States, some of its production is outsourced to China and Taiwan. This decision was made by the parent company, which is now owned by Sears.

Craftsman

Wrenches ratchet, and sockets are manufactured by Apex Tool Group in China and Taiwan, respectively. Craftsman, on the other hand, has a separate contract with Western Forge, a tool manufacturing company that produces a variety of tools. The products are made in a cross-border fashion between Asia and North America because this company manufactures the tools in the United States.

Samsonite

Jesse Shwayder was a young man with a dream when he founded this luggage company in Denver, Colorado, in 1910. It remained on the West Coast for 91 years before being forced to relocate due to a change in ownership across the country. The corporate headquarters of Samsonite are currently based in Mansfield, Massachusetts. On the other hand, the vast majority of the products are made in Europe and Asia! The corporation has facilities in China, India, and Hungary, among other countries.

Samsonite

Around 40% of the complicated baggage that it produces and sells worldwide is produced and sold in India’s Nashik facility. This brand is extremely popular in China when it comes to sales, in addition to manufacturing and employment! Samsonite products are sold in China by contract manufacturers in Shanghai, which accounts for two-thirds of the country’s total sales.

Dell

Dell is one of the world’s largest computer corporations, so we’re confident you’ve heard of it. It was founded by Michael Dell in the 1980s, but the company’s production operations have since been divided. Austin, Texas, is where all of the servers are made. Despite the fact that the laptops were previously made in the United States, the company chose to outsource production to another country.

Dell

The company’s headquarters are in Michigan, and it has factories in Brazil, China, Ireland, Malaysia, and Mexico. The one in Limerick specializes in custom-made items. It drew a lot of media attention when it first opened its doors in 2000! With 40,000 square feet of floor space and 23,000 employees, it is one of Ireland’s largest manufacturers.

Smithfield

You won’t find anything better than Smithfield Foods if you’re looking for pork-based products. This business has been in operation since 1936, when Joseph W. Luter and his son founded it. With more than 500 farms across the United States, the company grew steadily until it became one of the leading players in the meat market.

Smithfield

WH Group purchased it for $4.72 billion in 2013. This was the most expensive purchase made by a Chinese company in America at the time. The executive decisions are made in Luohe, Henan, even though the corporation’s headquarters remain in Smithfield, Virginia.

Holiday Inn

Nearly seven decades ago, Holiday Inn was just a solitary motel on the interstate between Memphis and Nashville. When Kemmons Wilson and his family had a bad experience on a road trip, he came up with a brilliant solution to the problem. He had already formed a partnership with Wallace E. Johnson to expand the number of outlets within a year of getting things started!

Holiday Inn

The hotel chain was purchased in the late 1990s by the Intercontinental Hotels Group, an English corporation founded in the late 1980s. Today, new locations are being opened in cities and towns all over the country and the world! IGH still owns this property, indicating that it was a wise investment on their part.

Motorola

Motorola, a company best known for its technological products, was founded in Schaumburg, Illinois, decades before the public was introduced to the concept of mobile phones. Following its founding in 1928, the company continued to grow until it reached the pinnacle of its success with flip phones and other similar devices.

Motorola

Burger King

In the minds of most people, fast food is synonymous with the United States. Burger King is one of a slew of locally owned and operated businesses. “Insta Burger King” was founded in 1954 by David Egerton and James McLamore in Miami, Florida. They had no idea it would become a globally recognized brand.

Burger King

Lucky Strike

In 1994, the United Kingdom-based company bought the American Tobacco Corporation and its subsidiaries, Lucky Strike and Pall Mall. Despite its many transformations, it is still regarded as a uniquely American brand. This is due to the fact that it is widely used in popular culture. The Mad Men television show featured the brand prominently!

Budweiser

Some people believe that you can’t get much more American than this when it comes to drinking beers. It’s possible that it’s been confirmed in the past. Even though it was founded in Missouri and the word “America” is still printed on the container, the truth is that this is no longer an American corporation.

Budweiser

Hellman’s

Mayonnaise is probably Hellman’s most well-known product. There’s a good chance you have a jar in your fridge right now. Richard Hellmann came up with his recipe in 1905 when he introduced a slightly different version of a French condiment to the American market.

Hellman’s

Customers raved about it so much that he decided to sell it on his own. In 1932, Best Foods bought the company and ran it for the next 70 years. In the year 2000, Unilever bought Hellman’s for a staggering $20.3 billion. For a simple dip made in New York City, this isn’t bad at all!