Spotify nears $400m funding deal - report
Spotify is set for a $400 million cash boost, according to The Wall Street Journal, as it nears a deal in its latest funding round.
In January Music Week reported that Spotify wouldn't be pursuing an IPO any time soon, as it emerged the company requested $500m investment from Goldman Sachs.
The source of the $400m has not yet been disclosed.
The extra funds will value Spotify at $8.4 billion, according to sources close to the deal, which would ...
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