Spotify Technology SA
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About Spotify Technology SA
Spotify is the leading global music streaming service provider, with over 700 million monthly active users and 280 million paying subscribers, with the latter constituting the firm’s premium segment. Most of the firm’s revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.
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Frequently asked questions
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The ticker symbol for Spotify Technology SA is SPOT:xnys. You can use this code to quickly find the stock in Saxo’s platforms and track its price and performance.
Spotify Technology SA has its primary listing on New York Stock Exchange. You can trade Spotify Technology SA with a Saxo account, alongside thousands of other stocks worldwide.
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