Spotify is looking at ways to raise capital for further growth, according to reports.
Sources in touch with Dagens Industri have told the Swedish daily that the streaming service is currently in the process of finding and securing new finances.
The Swedish report didn’t say how much the company was looking to raise. It said that Spotify wouldn’t necessarily issue new shares but is considering issuing debt.
One of the insiders valued Spotify at around 35 billion Swedish crowns ($5.2 ...
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