BUSINESS Spotify files for IPO of up to $1 billion

BUSINESS

Spotify files for IPO of up to $1 billion

Reuters

06:52, March 01, 2018

SpotifyFilesIPO.PNG

Headphones are seen in front of a logo of online music streaming service Spotify in this February 18, 2014 illustration picture. Photo: Reuters/Christian Hartmann 

Music streaming service Spotify on Wednesday filed for an initial public offering of up to $1 billion with the US Securities and Exchange Commission.

The company intends to apply to list its ordinary shares on the New York Stock Exchange under the ticker symbol "SPOT." 

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