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Spotify

Spotify is a Swedish audio streaming and media services 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:  €11.7 billion (2022)
  • Operating income:  €-659 million (2022)
  • Net income:  €–430 million (2022)
  • Total assets:  €7.6 billion (2022)
  • Total equity:  €2.4 billion (2022)
  • Employees:  9,241 (September 2023)
  • Subsidiaries:  Spotify AB, Spotify USA Inc, Spotify Ltd (UK), Several other regional subsidiaries, Tencent Music (16.9%)
  • Website:  Web player
  • Registration:  Required
  • Users:  Free: 361 million, Paying: 226 million, Total (MAU): 574 million(March 31, 2023)
  • Launched:  October 7, 2008
  • Data source:  DuckDuckGo