Just days after the debut of Apple’s new music streaming service, Spotify has raised $526 million at a reported valuation of $8.53 billion. “Spotify is investing in expansion and new forms
of content as it faces a growing set of challengers that now includes Apple Music,” The Wall Street Journal reports. Investors include British asset managers Baillie Gifford, Landsdowne Partners
and Rinkelberg Capital.
Read the whole story at The Wall Street Journal »
