Spotify files for IPO of up to $1 billion

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(Reuters) – Music streaming service Spotify on Wednesday filed for an initial public offering of up to $1 billion with the U.S. Securities and Exchange Commission. The company intends to apply to list its ordinary shares on the New York Stock Exchange under the ticker symbol “SPOT.” bit.ly/2F0OfCU Reporting by Nikhil Subba in Bengaluru; Editing by Maju SamuelOur Standards:The Thomson Reuters Trust Principles.
Source: Reuters