General Motors
Did you know that GM is the world’s largest automaker? It is one of the world’s largest corporations in the industry, making it an extremely tempting and lucrative venture. Despite the fact that it is not wholly controlled by Shanghai Automotive Industry Corp, it continues to rely on the Chinese firm for financial support. In 1998, the two businesses formed a partnership. Customers may not realize it, yet SAIC sells cars under the GM brand. In any case, the SAIC and GM headquarters are in Shanghai and Detroit, respectively.
General Motors
Spotify
It’s difficult for us to envision a period when we couldn’t listen to our favorite tunes with the simple press of a button. We are grateful to Spotify for making this happen! The New York-based firm was formed in 2006 and quickly gained a reputation for allowing fans to stream music. Its origins are in Sweden, but it has traveled to many other nations since then. Spotify and Tencent Holdings each bought a 10% stake in the other in 2017. The joint venture was successful in assisting Spotify’s entry into the Chinese market while also allowing Tencent to grow its repertoire. The streaming service has been struggling to expand its foothold in China before they teamed up for this.
Spotify