Spotify Stock
Commercial music streaming service
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About Spotify Stock
Spotify is a commercial music streaming service that provides restricted digital content from a range of record labels and artists. Users can browse through the interface by artist, album, genre, playlist, record label, and direct searches. It also enables individuals to create, share, and edit playlists with other users. If users want recommendations, they can integrate their system with Last.fm, an application that provides music recommendations based on listening history. The radio feature installed in Spotify creates random playlists for its users that are related to preferred artists. Social media integration is a popular feature that enables users to connect their Spotify accounts to their Facebook and Twitter profiles. This enables them to access their friends’ favorite music and playlists and share their choices with others as well. Spotify users can purchase their preferred content through partner retailers. Spotify is available for mobile device platforms such as Android, Blackberry, Boxee, iOS, Linux, MeeGo, Squeezebox, Windows mobile, and more.
Investors
Goldman Sachs
WeWork, Alibaba, Spotify, Compass, Pinterest, Bloom Energy, Oscar Health, Circle, Ramp, Automation Anywhere
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Instacart, Stripe, Magic Leap, DoorDash, Bloom Energy, Slack, Brex
Funding History
October 2008 | $21.8M |
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August 2009 | $50.0M |
June 2011 | $98.8M |
November 2012 | $100M |
November 2013 | $243M |
July 2015 | $524M |
December 2017 | $1.1B |
April 2018 | $1.7B |
Management
Founder & CEO
Daniel Ek
Founder & Chairman
Martin Lorentzon
Chief Marketing Officer
Seth Farbman
Press
gulfnews.com - Nov, 6 2018
Spotify quietly launches in Dubai, and across the Middle East and North AfricaTechCrunch - Nov, 5 2018
Spotify plans to buy back up to $1 billion in stockTechRadar - Nov, 4 2018
Spotify starts testing an official Apple Watch app | TechRadarVariety - May, 2 2018
Spotify Ends First Quarter as a Public Company With 75 Million Paying SubscribersTechCrunch - Feb, 28 2018
Spotify plays the long game with Family and Student Plans even as ...