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Business

Spotify triples losses

Published: 09 May 2015 - 12:11 am | Last Updated: 14 Jan 2022 - 11:24 pm

Employees work at the Spotify headquarters in Stockholm. Spotify, the world leader in music streaming, said yesterday it had tripled its losses in 2014 owing to heavy investments. The net loss in 2014 amounted to €162.3m ($182m), compared to €55.9m in 2013.