American Brands That Have Been Bought Out By Other Countries

Published on January 4, 2023
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Tesla

While Elon Musk is the founder and majority shareholder of Tesla, with 21.7%, there are a lot of other investors in the electric car company. One of its major investors is Tencent Holdings Ltd., which was previously mentioned in owning a share of Spotify. The Chinese company is doing very well, with a $95.8 billion net income in 2019.

Tesla

Tesla

Snapchat

Snapchat was founded in 2011 by Evan Spiegel and Bobby Murphy, and it became one of the biggest social media platforms in the world. In 2017, Tencent decided to invest in Snapchat, giving the company $2 billion for a 10% stake. Tencent has helped introduced augmented reality into Snap.

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Snapchat

Snapchat