Companies That Are Not American Made, But Everyone Believes They Are!

Published on 10/05/2021
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WeWork

Shared workspaces, as you’re presumably aware, have gained in popularity in recent years. This arrangement is suitable for freelancers and new businesses. WeWork took advantage of this when it first opened its doors a decade ago. It is currently in charge of 4 million square meters! On the other hand, it ran into a funding constraint in 2016 and needed additional funds. Legend Holdings Corp., based in Beijing, joined the company as a “new partner” and contributed $430 million at the time. “This is a strategic and clear investment for us,” says Legend Holdings Corp. Chairman and CEO John Zhao.

WeWork

WeWork

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Segway Inc

People used to think that zipping around on two wheels was something out of a science fiction movie until the last few decades. Segway Inc. has demonstrated this in practice. Ninebot, a Beijing-based enterprise, paid $80 million for the transportation company in 2015. Segway’s chances have only improved since then, thanks to the Chinese corporation’s assistance in developing a stronger footing in the information technology and robotics industries. After announcing in 2018 that it would shift its manufacturing operations to China, the company relocated its headquarters to New Hampshire in 2019. It did, however, reaffirm that the majority of production would remain in Bedford.

Segway Inc

Segway Inc

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