403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Abu Dhabi sovereign fund to invest in USD8.4b Spotify
(MENAFN) Abu Dhabi sovereign wealth fund is said to have invested a sum, which remains yet undisclosed, in the 7th funding round of Spotify, accumulating USD400 million, Arabian Business reported.
Spotify is a London-headquartered commercial music streaming service that provides digital rights management-restricted content from record labels.
Presently, Spotify is finalizing its most recent financing round, which will ultimately leave the company at USD8.4 billion in value. In 2014, the firm enjoyed a number of subscribers that reached to 15 million.
Spotify is a London-headquartered commercial music streaming service that provides digital rights management-restricted content from record labels.
Presently, Spotify is finalizing its most recent financing round, which will ultimately leave the company at USD8.4 billion in value. In 2014, the firm enjoyed a number of subscribers that reached to 15 million.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
Comments
No comment