Both involve more than one party getting together for the purpose of undertaking business or some other project. On the face of it, a partnership and a joint venture would seem to be the same thing. If successful, it could prove to be a game-changer in ride-sharing. While there are still kinks in the process, with the technology of self-driving cars and licensing concerns in Europe, the deal is still moving forward.
#Partnership joint venture software
Volvo will deliver the vehicles while Uber still installs the necessary software between 20. They have collaborated to create self-driving cars for Uber. Uber is the ride-sharing company that runs on apps, while Volvo is a car manufacturer. NASA launched the satellite that Google uses for its maps, which have since paved the way for driving apps such as Google and Waze.Īnother joint venture that is still in the works is Uber and Volvo. Google Earth allows you to see any place on Earth that the satellites can see, with photos that can be updated readily. One innovative joint venture was Google and NASA partnering to make Google Earth. While the differences may seem tiny, in legal language these have quite an impact. When it comes to a partnership or a joint venture, two terms are not interchangeable, especially in the business world.
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