General Motors
Are you aware that General Motors is the largest automobile manufacturer in the United States? Being one of the largest companies in the industry in the whole world, the company proves to be an appealing and profitable business. Even though it is not completely owned by Shanghai Automotive Industry Corp, the company heavily relies on the Chinese company to keep sales from happening. The two companies started their partnership back in 1998.
Spotify
In our modern age, it is difficult to imagine an era when we could not listen to any song that we like with just a click of a button. Thankfully, Spotify made this possible. The New York-based company started in 2006 and was known to provide listeners with the ability to stream music wherever they want. Despite its Swedish origins, the company has made its way into different countries since then. In 2017, Spotify and Tencent Holdings both purchased 10% in each other, which helped Spotify enter the Chinese market. Before their partnership, Spotify struggled to make it into China.