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One of the world's largest music streaming service providers with over 150 million total listeners

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Spotify company's logo

Spotify Technology SA headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with over 150 million total listeners. The firm monetizes its users through both a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 90% and 10% of Spotify's 2017 total revenue, respectively.

Year Founded
2006
Employees
3.7 K
RevenueFY 2018
$6.2 B
Net IncomeFY 2018
($92.1 M)
General Information
  • Website

    http://spotify.com

  • Business Status

    Generating Revenue/Not Profitable

  • Ownership Status

    Publicly Held

  • Financing Status

    Corporate Backed or Acquired

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