The Spotify Online Music Service will be listed on the New York Stock Exchange, the company counting on a $ 23 billion market value in an offer that violates the classic rules
The Swedish music streaming service will list its shares directly in the market, bypassing the initial public offering, Mediafax .
Spotify also sold shares in private deals last year at prices ranging between $ 37.50 and $ 125 per share, and this year with $ 132 per share.
Based on Spotify's advanced pricing, the company's market value could range from $ 6.3 billion to more than $ 23 billion.
The company recorded revenues of 4 billion euros last year, up nearly 40%, from 2.95 billion euros in 2016, but suffered a loss of $ 1.2 billion.
Spotify, which launched the streaming service in 2008, is now active in 61 countries, with 159 million monthly users and 71 million subscribers paid