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Spotify makes confidential filing for U.S. IPO: source

Reuters ---------- Music streaming service Spotify has filed confidentially with U.S. regulators for an initial public offering and is targeting a direct listing in the first half of 2018 that would allow some longtime investors to cash out, a source familiar with the matter said on Wednesday. If Spotify, which was valued at as much as $19 billion last year, goes ahead with its plans, it would be the first major company to carry out a direct listing, an unconventional way to pursue an IPO without raising new capital. To learn more click on the picture below to read the article.

Spotify makes confidential filing for U.S. IPO: source - Read More from Reuters

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