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Spotify Technology S.A.
Spotify Logo
Screenshot o Spotify for iOS
Teep o businessPublic
Foondit23 Apryle 2006; 13 years ago (2006-04-23)
HeidquartersLuxembourg Ceety[1]
(legal domicile)
Stockholm, Sweden
(admeenistrative heidquairters)
Kintra o originSwaden
No. o locations
CEODaniel Ek
IndustryStreamin on-demand media
RevenueIncrease US$5.98 billion (FY 2018)[3]
Net incomeIncrease US$88.65 million (FY 2018)[3]
Alexa rankIncrease 96 (August 2019)[5]
Users232 million
(108 million payin)
Launched7 October 2008; 11 years ago (2008-10-07)

Spotify Technology S.A. (/ˈspɒtɪf/) is a Swadish media-services provider foondit in 2006. The company's primar business is its audio streamin platfuirm that provides DRM-protectit muisic an podcasts frae record labels an media companies. As a freemium service, basic features are free wi advertisements or automatic muisic videos, whilk addeetional featurs, such as impruivit streamin quality, are affered via paid subscriptions.

References[eedit | eedit soorce]

  1. Cite error: Invalid <ref> tag; no text was provided for refs named bloomberg
  2. "About Us". Spotify AB. July 12, 2018. Retrieved July 12, 2018.
  3. 3.0 3.1 "Shareholder Letter Q4 2018" (PDF).
  4. "Spotify Investors". Spotify Investors. Retrieved 3 January 2019.
  5. "Alexa - Spotify Competitive Analysis, Marketing Mix and Traffic". Retrieved 2019-08-15.

Freemit airtins[eedit | eedit soorce]