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26th Aug 2010
Industry Focus - What is the true value of Spotify?
Music streaming site Spotifywas last week valued at almost £190m by the Trade Register of Luxembourg despite an ongoing struggle to attract premium subscribers and a delayed launch in the US.The figure of 230m Euros (£188m) is a significant increase from the valuation of 190m Euros estimated last year, reflecting the level of ongoing investment raised for the platform.
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