INTERESTING FACTS WORLD

Incredible and fun facts to explore

Joint Venture facts

While investigating facts about Joint Venture Agreement and Joint Venture Apple, I found out little known, but curios details like:

In the Marvel Universe the cleanup from major battles is handled by Damage Control, a joint venture of Tony Stark and the Kingpin. They even had their own series in the late 80's.

how joint venture works?

Back in 2009 Russian oil giant Gazprom created a joint gas venture with Nigeria's state oil company. The new company was named Nigaz.

What's joint venture?

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what joint venture account. Here are 13 of the best facts about Joint Venture Examples and Joint Venture Accounting I managed to collect.

what joint venture means?

  1. Verizon Wireless is created as a joint-venture between Bell Atlantic (predecessor of Verizon Communications) and UK-based multinational telecom giant Vodafone in 2000. In 2014, Verizon Communications paid $130.1 Billion to Vodafone for the latter's 45% ownership, thus became its sole owner.

  2. The meat substitute Quorn was launched as a joint venture between a bakery (Rank Hovis) and a heavy chemicals manufacturer (ICI). The process used to produce Quorn is a spin-off from ICI research into the commercial production of high protein animal feed.

  3. The original concept for the Smart Car was a joint venture between the swiss watchmaker Swatch and Mercedes Benz hence the name "Smart" which is an initialisation of "Swatch Mercedes ART".

  4. I can stop getting credit card and insurance spam in the mail by going to www.optoutprescreen.com. It's a joint venture by Equifax, Experian, Innovis, and TransUnion that the US government required under the Fair Credit Reporting Act (FCRA).

  5. The NBA and the Shanghai Film Group Corporation created a joint venture movie that featured NBA players Dwight Howard, Scottie Pippen, and Carmelo Anthony

  6. The American tech giant Yahoo! has a joint venture in Japan (Yahoo! Japan) embrolied in controversy for being major supplier of whale and dolphin meat for human consumption.

  7. The fastest cruise missile in the world was developed in India by an Indo-Russian joint venture. It is the only missile in the world capable of destroying American aircraft carriers.

  8. DONG Energy has a joint venture with Siemens

  9. Softcard, a mobile payment platform that began as a joint venture between Verizon, T-Mobile and AT&T, was originally named ISIS Mobile Wallet.

  10. Kaleida Labs was one of the first joint ventures between Apple and IBM

joint venture facts
Explain what joint venture is?

Why joint venture in china?

You can easily fact check why joint venture benefits by examining the linked well-known sources.

Blockbuster could have bought Netflix for 50 million dollars. Instead they partnered with Enron in the joint venture- "EBS" Enron Broadcasting Services which failed.

This is our collection of basic interesting facts about Joint Venture. The fact lists are intended for research in school, for college students or just to feed your brain with new realities. Possible use cases are in quizzes, differences, riddles, homework facts legend, cover facts, and many more. Whatever your case, learn the truth of the matter why is Joint Venture so important!

Editor Veselin Nedev Editor