The London-based online music provider tries to break into several Asian counties in an effort to race with Pandora in global expansion efforts.
Tags: Spotify
Spotify Valuation Tops USD 4 Billion
Spotify AB has successfully secured about USD 250 million in new financing that values the music-streaming company much higher than USD 4 billion, according to sources. With this in mind, Spotify is now almost shoulder to shoulder with Pandora, which went public in 2011 and is currently valued at USD 5.7 billion.
Music service Spotify raises $250 million
Online music-streaming service Spotify has raised $250 million in a new funding round, making it one of the world's most richly capitalized start-ups.
Listn lands USD500,000 seed round with Rdio
Social music app Listn raised USD500,000 seed round and a new partnership with Rdio. Social music app Listn landed a USD500,000 seed round with new parter Rdio today, according to a report by Venture Beat.
Can Spotify put the spark back to music sales?
Music streaming site Spotify could be the spark that would reignite music sales in Sweden. Spotify, a commercial music streaming service, could be the spark to reignite music sales in Sweden and the world.
