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🌐 Entity
Joint venture
Type of business entity
📊 Rating
1 news mentions · 👍 0 likes · 👎 0 dislikes
📌 Topics
- Social media regulation (1)
- User retention (1)
- Business adaptation (1)
🏷️ Keywords
TikTok (1) · U.S. usership (1) · Joint venture (1) · User exodus (1) · Regulatory challenges (1) · Project Texas (1) · Social media platform (1) · ByteDance (1)
📖 Key Information
A joint venture (JV) is a type of business entity created by two or more parties that normally has shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly an emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities.
Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint ventures that mimic a corporate entity.
📰 Related News (1)
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🇺🇸 Much ado about nothing? TikTok's U.S. usership steadies after turbulent start
TikTok's U.S. joint venture seems to have survived a turbulent rollout relatively unscathed, as concerns of a mass user exodus now appear overstated....
🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside Joint venture:
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TikTok · 1 shared articles