https://www.cnet.com/news/spotify-files-for-ipo/

Spotify is double the size of Apple Music, its closest competitor in the streaming music market, the Sweden-based startup said in its filing for a planned initial public offering of shares. 

In the IPO paperwork, Spotify said it wears the crown for the world's largest streaming music service, staking claim to about 42 percent of the market. It has 71 million paying members and 159 million people who use the service at least once a month, the company said.