Iconic Brands Actually Owned By China

Spotify

YouTube / Hayls World

Spotify allows users access to millions of songs and albums as well as customized channels to suit individual tastes — all within the comfort of their own smartphone.

But in 2013, Tech Crunch noted that the music platform announced a share swap with China-based company, Tencent Music Entertainment. This means that Spotify is now partially owned by China.

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