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Spotify was founded in 2006 in Stockholm, Sweden, [16] by Daniel Ek, former CTO of Stardoll, and Martin Lorentzon, co-founder of Tradedoubler. [17][18] According to Ek, the company's title was initially misheard from a name shouted by Lorentzon. Later they conceived a portmanteau of "spot" and "identify".
Daniel Ek. Daniel Georg Ek (Swedish pronunciation: [ˈdɑ̂ːnɪɛl ˈjěːɔrj ěːk]; born 21 February 1983) is a Swedish businessman and technologist. He is the co-founder and chief executive officer (CEO) of music streaming service Spotify. [2] As of May 2024, his net worth was estimated at $4.8 billion by Forbes.
The list is limited to dot-com companies, defined as a company that does the majority of its business on the Internet, with annual revenues exceeding US$1 billion. It excludes Internet service providers or other information technology companies. For a more general list of technology companies, see list of largest technology companies by revenue.
Spotify Technology reported fiscal first quarter earnings on Tuesday that beat expectations on both the top and bottom lines.The audio giant also swung to a profit as it continues to implement its ...
Shares of parent company Spotify Technology SA are up more than 30% over the last six months and up more than 135% year to date. The company joins other tech firms in retrenching as pandemic-era ...
One of the more anticipated initial public offerings recently, Spotify Technology S.A. (NYSE:SPOT) is off to a mixed start. On its opening drive, Spotify stock jumped out to $165.90 before closing ...
Entrepreneur. Known for. Co-founder of Tradedoubler and Spotify. Board member of. Spotify. Sven Hans Martin Lorentzon (pronounced [ˈmǎʈːɪn ˈlôːrɛnˌsɔn]; born 1 April 1969) is a Swedish entrepreneur and co-founder of Tradedoubler and Spotify. [1] From 2013 to 2018 he was on the board of Telia Company. Since April 2019, he has been an ...
Spotify Technology (NYSE: SPOT) shares were trading lower Tuesday after the company announced it will acquire Megaphone for $235 million.In recent years, Spotify has beefed up its podcast ...