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
Facebook says it never allowed Netflix, Spotify to access users' private messages without permissionMusic 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.
Spotify shares skid as inaugural results undermine Wall Street hype
E-commerce start-ups globally still hold the lead in 'unicorn' race
Spotify offers Obama a job as 'President of Playlists'
Twitter, Amazon, other top websites shut in cyber attack