General Motors
Did you know that General Motors is the world’s largest vehicle manufacturer, with production facilities in over 100 countries? Because it is one of the largest companies in the industry globally, it is a very enticing and profitable business to get involved with it. Although it is not entirely controlled by Shanghai Automotive Industry Corp, the corporation is nonetheless reliant on the Chinese company to keep the cash flowing. The two companies first collaborated in 1998, when they formed a joint venture. Customers may not be aware that SAIC sells automobiles under the General Motors brand name, but they are. They are two distinct organizations, with the SAIC headquarters in Shanghai and the General Motors headquarters in Detroit.
General Motors
Spotify
At this point in time, it is difficult for us to imagine when we were unable to listen to our favorite tunes with the simple press of a button. The fact that Spotify has made this possible makes us highly grateful! Since its founding in 2006, the New York-based startup has gained prominence for giving its customers the option of streaming music. However, despite its Swedish origins, it has since traveled to many different places around the world. Spotify and Tencent Holdings each purchased a ten percent investment in the other during the third quarter of 2017. The joint venture had successfully assisted Spotify’s entry into the Chinese market while also allowing Tencent to extend its repertoire even further. Before collaborating on this project, the streaming provider was having difficulty expanding its footprint in the Chinese market.
Spotify
