Will Spotify change its tune after stock market listing?

Will Spotify change its tune after stock market listing?
 

Shares in the music streaming firm Spotify will be publicly traded for the first time later on Tuesday when the firm debuts on the New York market.
The flotation marks a turning point for the firm, that, after 12 years, has not yet made a profit.
Spotify's listing, which could value it at $20bn (£14bn), is unconventional: it is not issuing any new shares.
Instead, shares held by the firm's private investors will be made available.
What was once an small upstart Swedish music platform, has grown rapidly in recent years, adding millions of users to its free-to-use ad-funded service, and... read more

 
3 April 2018 in Science &Technology, Views: 57
Source: BBC
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30