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Before 2019, Amazon was an early investor and substantial shareholder of Foxit, once owning 12.38% of the latter's shares, before divesting in 2019 to make Foxit eligible for a simplified IPO process for domestic companies in China.
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In December 2015, Foxit went public on the Chinese over-the-counter market NEEQ. In 2009, Foxit Software Company incorporated as Foxit Corporation. Xiong (Chinese: 熊雨前), a Chinese national with permanent residence in the United States, to develop similar PDF software products to those from Adobe Systems and other PDF vendors, and offer them at lower prices. Foxit Software was founded in 2001 by Eugene Y.
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