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Spotify potential valuation could be $19bn as it begins the process of going public

Mar 01, 2018 - The Daily Telegraph (London)

MUSIC streaming company Spotify has officially kicked off the process to go public, filing documents with the US Securities and Exchange Commission.

Based on recent private share sales, Spotify could receive a valuation of around $19bn (£13.8bn) when it goes public, which would make it one of the largest tech listings in recent years.

Investors had been eagerly awaiting further news of the planned float since January, when Spotify registered for a listing in New York. The prospectus...