Spotify and Tencent Music to buy stakes in each other

6 years ago
Anonymous $1bh8zaeyQS

https://www.reuters.com/article/us-spotify-tencent/spotify-and-tencent-music-to-buy-stakes-in-each-other-idUSKBN1E2214

Music streaming company Spotify and the music arm of China's Tencent Holdings Ltd will buy minority stakes in each other ahead of the Swedish firm's expected stock market listing next year, the companies said on Friday.