Buy Spotify
Amount
Latest price
$653.00
(£1.00 = $1.347)
Number of shares (est.)
0
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Metrics
Market Cap
$133.842B
P/E ratio
116.73
EPS
$5.601
Beta
1.69
Dividend rate
N/A
Dividend yield
N/A
About
Spotify Technology SA a Luxembourg-based company, which offers digital music-streaming services. The Company enables users to discover new releases, which includes the latest singles and albums; playlists, which includes ready-made playlists put together by music fans and experts, and over millions of songs so that users can play their favorites, discover new tracks and build a personalized collection. Its users can either select Spotify Free, which includes only shuffle play or Spotify Premium, which encompasses a range of features, such as shuffle play, advertisement free, unlimited skips, listen offline, play any track and audio. The Company operates through a number of subsidiaries, including Spotify LTD and is present in over 20 countries. Its service offers a music listening experience without commercial breaks.
CEO
Mr. Daniel Ek
Employees
N/A
Sector
Telco
Company HQ
LUXEMBOURG, Luxembourg
Website
News
Spotify says support for external payments on iOS has already boosted subscriptions
Spotify says its ability to direct its customers to external payment links in its iOS app has already had a positive impact on sales. In a newly filed amicus brief in support of Epic Games in its ongoing legal battle with Apple over external payments on the App Store, Spotify claims its internal data indicates that its recent update supporting web payments has resulted in “a significant increase in iOS users upgrading to a Premium subscription.
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