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.
Earphones are seen on a tablet screen with a Spotify logo on it, in Zenica. Image source: Reuters
Updated: Fri, Jan 05, 2018
09:44 am
09:44 am
Reuters
Good news for music lovers! Spotify launches its "Lite" version for older Android PhonesMusic 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.
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