Which Chinese company acquired a stake in Universal Music Group in 2020 and 2021?
Alibaba
Tencent
Baidu
JD.com
Answer
Tencent, a Chinese multinational technology conglomerate, acquired a 10% stake in Universal Music Group in March 2020 and an additional 10% stake in January 2021.
Universal Music Group Quiz: Are You a True Universal Music Group Fan?