Spotify files for IPO of up to $1 billion


(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.” Reporting by Nikhil Subba in Bengaluru; Editing by Maju SamuelOur Standards:The Thomson Reuters Trust Principles.
Source: Reuters