Spotify

Spotify is a Swedish audio streaming and media service provider founded on 23 April 2006 by Daniel Ek and Martin Lorentzon. It is one of the largest music streaming... Wikipedia

• Type of business:  Public
• Founded:  April 23, 2006
• Country of origin:  Sweden
• No. of locations:  15 offices
• Founder(s):  Daniel Ek, Martin Lorentzon
• Key people:  Daniel Ek (Chairman & CEO), Martin Lorentzon (treasurer)
• Industry:  Audio streaming, Podcasting
• Revenue:  €13.25 billion (2023)
• Operating income:  €–446 million (2023)
• Net income:  €–532 million (2023)
• Total assets:  €8.35 billion (2023)
• Total equity:  €2.52 billion (2023)
• Employees:  7,721 (March 2024)
• Subsidiaries:  Spotify AB, Spotify USA Inc, Spotify Ltd (UK), Several other regional subsidiaries, Tencent Music (16.9%)
• Registration:  Required
• Users:  Free: 388 million, Paying: 239 million, Total (MAU): 615 million(March 31, 2024)
• Launched:  October 7, 2008
• Data source:  DuckDuckGo