Almost 12 years after its inception, Spotify filed for direct listing on the New York Stock Exchange, needing only a little over a month to kick off actual share trading on April 3. The Sweden-based entertainment company also started reporting its quarterly earnings back in May, revealing solid revenue numbers, but pretty hefty operating losses as well.
The world’s largest music streaming service continues to grow at a healthy pace in terms of both paid and free subscribers, although there’s no chance that’s going to generate a profit anytime soon.
All Spotify can realistically ...
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