Spotify revenue up by 80% in 2015, but operating losses are widening

Spotify saw some impressive numbers for 2015: the company’s revenue was up by 80% during the year because of adding on more subscribers. On the other hand, the operating loss was quite big, largely to spending a lot on product development and international expansion. Reuters was able to obtain filings from Luxembourg’s company registry, showing that Spotifty’s […]

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