Spotify set to expand in Asia, Latin America
Spotify's quest for world domination is continuing.
The top on-demand, streaming-music service is set to launch in eight new markets, including Mexico, Hong Kong, Singapore, Malaysia, the Baltics, and Iceland, according to a person familiar with the situation. The rollouts could come as soon as tomorrow.
Adding territories has been a top priority for Spotify, which is racing to boost its user base. Spotify, which launched in the U.S. just over a year and a half ago, now has 24 million active users, 6 million of whom are paying subscribers. It's become the fastest-growing digital music company ever, … Read more