Music streaming giant Spotify has raised $1 billion (roughly Rs. 6,632 crores) in convertible debt from investors, with strict conditions, the Wall Street Journal reported late Tuesday. Private-equity firm TPG, hedge fund Dragoneer Investment Group…
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Spotify Says It’s Reached 30 Million Subscribers
Leading streaming service Spotify said Monday that it had reached 30 million paying subscribers as the company suggested it would keep expanding to more countries. The milestone was announced by Spotify’s chief executive Daniel Ek…