Spotify has billion from investors
March 30, 2016 08:35
stockholm - Spotify has raised $ 1 billion to investors. This reporting insiders to The Wall Street Journal. It is the largest funding round for the Swedish company so far, according to the newspaper.
According to Techcrunch's Spotify everything situated to win the competition with Apple Music. The company is the fastest manages to acquire new customers for streaming music, there is still a long time to benefit. The money will be spent on growth and marketing. '' This funding allows Spotify able to further strengthen its leading position , according to a statement of investment company TPG.
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