General Motors
Isn’t it interesting to learn that General Motors is the country’s largest car manufacturer? Due to its size as one of the industry’s largest firms in the entire world, it’s a highly appealing and lucrative enterprise. Despite the fact that Shanghai Automotive Industry Corp. does not own 100% of the company, it nevertheless relies on the Chinese firm to provide funding. In 1998, the two firms formed a joint venture. Customers may not be aware that SAIC sells automobiles under the GM brand. In any case, SAIC and GM have separate headquarters, with SAIC in Shanghai and GM in Detroit.
General Motors
Spotify
We can’t picture a period when we didn’t have instant access to our favorite music by simply pressing a button. We owe a huge debt of gratitude to Spotify for making this happen! Listeners can now stream music from the New York-based firm, which was established in 2006. Although it originated in Sweden, it has subsequently spread throughout the world. Spotify and Tencent Holdings each bought a ten percent investment in the other at the end of last year. Because of the joint venture, Spotify was able to enter the Chinese market, while Tencent was able to broaden its offerings. The streaming service had a hard time making headway in the Chinese market before teaming up with them.
Spotify
