General Motors
Isn’t it amazing to realize that General Motors is the largest automobile manufacturer in the United States? Due to its magnitude as one of the largest corporations in the industry on a global scale, it is an extremely tempting and lucrative enterprise. Despite the fact that Shanghai Automotive Industry Corp. does not own 100% of the corporation, it is financially dependent on the Chinese firm. The two companies created a joint venture in 1998. Customers may be unaware that SAIC sells vehicles under the General Motors name. In any case, SAIC and GM operate independently, with SAIC headquartered in Shanghai and GM in Detroit.
General Motors
Spotify
We can’t remember a time when we couldn’t instantly access our favorite music by touching a button. Spotify owes us a big debt of gratitude for making this possible! Listeners can now listen music from the business, which was founded in 2006 in New York. Although it started in Sweden, it has since gone worldwide. At the end of last year, Spotify and Tencent Holdings each acquired a 10 percent stake in the other. Spotify was able to access the Chinese market as a result of the joint venture, while Tencent expanded its offers. Prior to partnering with them, the streaming service struggled to gain traction in China.
Spotify
