Spotify hits 60 million paid subscribers ahead of going public
- 7 years ago
Spotify today announced that it has crossed the 60 million paying subscriber mark. The news comes as Spotify aims to go public later this year. According to the Financial Times, citing people familiar with the matter, the music streaming service
will list its shares directly on the New York Stock Exchange, as opposed to going down the traditional initial public offering (IPO) route. Spotify’s closest rival Apple Music only has 27 million paid subscribers in total. Aside from 60 million subscribers, Spotify also boasts 140 million global monthly active users.
will list its shares directly on the New York Stock Exchange, as opposed to going down the traditional initial public offering (IPO) route. Spotify’s closest rival Apple Music only has 27 million paid subscribers in total. Aside from 60 million subscribers, Spotify also boasts 140 million global monthly active users.