Sources: Spotify To Carry Out Direct Listing On NYSE At $13 Billion Valuation

It’s been close to a year since Bloomberg Business first reported that Spotify was aiming to go public in Q3 2017. While it hasn’t happened just yet, Reuters is reporting that the music streaming giant is aiming to go public by early 2018.

Unlike the conventional method of going public with an initial public offering (IPO), it looks like Spotify is potentially opting to go straight to listing directly on the New York Stock Exchange at a 13 billion dollar valuation. Almost all major...

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