SPOT
NYSE · Communication Services · Internet Content & Information · LU
Spotify Technology S.A. (NYSE:SPOT) is a Swedish-founded audio streaming company that has become the world's largest music streaming platform. Founded in 2006 by Daniel Ek and Martin Lorentzon in Stockholm, the company launched its streaming service in 2008 and went public on the New York Stock Exchange in April 2018 through a direct listing. Headquartered in Luxembourg, Spotify operates in 184 countries and territories, serving over 675 million monthly active users with a catalog of over 100 million songs, 5 million podcasts, and 300,000 audiobooks. The company has evolved from a pure music streaming service into a comprehensive audio entertainment platform, incorporating podcasts, audiobooks, and video content while maintaining its position as the dominant player in the global music streaming market.