Spotify reaches 70 million subscribers
Spotify, valued at as much as $19 billion last year, is targeting a direct listing in the first half of 2018.
Music streaming service Spotify, which filed confidentially with U.S. regulators for an initial public offering on Wednesday, has 70 million subscribers, it said in a tweet on Thursday.
Spotify, valued at as much as $19 billion last year, is targeting a direct listing in the first half of 2018.
Spotify is the biggest global music streaming company and counts Apple Inc
Apple in September told Billboard magazine it has 30 million subscribers to Apple music.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Retirement Planning: In how many years your Rs 25K monthly SIP investment will grow to Rs 8.8 cr | See calculations
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations
09:44 AM IST