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On April 23, 2006, Daniel Ek and Martin Lorentzon established Spotify, a privately held Swedish supplier of media services including audio streaming. As of December 2022, it had over 489 million active monthly users, including 205 million paid members, making it one of the biggest music streaming service providers. Through a holding company with a Luxembourg City address, Spotify Technologies S.A., Spotify is traded as American depositary receipts on the New York Stock Exchange.

The market capitalization of Spotify was $24.99 billion as of March 2023. By market cap, this places Spotify as the 685th most valuable firm in the world. The most recent financial reports from Spotify show that the company's current revenue (TTM) is $12.33 Billion. The company generated $11.23 billion in revenue in 2021, a rise from $9.14 billion in revenue in 2020.

Founded: 23 April 2006
Headquarter: Stockholm, Sweden
Market cap: $24.99 Billion
Revenue in 2022 (TTM): $12.33 B
Website: https://www.spotify.com/jp/premium/