Music streaming service Spotify, which filed confidentially with U.S. regulators for an initial public offering on Wednesday, has 70 million subscribers, it said in a tweet on Thursday.
Spotify, valued at as much as $19 billion last year, is targeting a direct listing in the first half of 2018.
Hello 70 million subscribers 👏— Spotify (@Spotify) January 4, 2018
Spotify is the biggest global music streaming company and counts Apple Inc and Amazon.com Inc as its main rivals.
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