Spotify is hoping to attract a new crowd of fans on Wall Street as its competition with Apple heats up. Spotify is hoping to attract a new crowd of fans on Wall Street as its competition with Apple heats up. The music streaming service filed for a direct listing of its shares, laying out financial data for the first time that cheered some analysts. Spotify, launched in 2008 and available in more than 60 countries, is the biggest music streaming company in the world. Spotify took its first steps toward the IPO in a confidential filing a few weeks ago, but the documents were not released until Wednesday.

Source: Irish Independent March 01, 2018 11:03 UTC