Spotify’s diversified approach to investment helps shield its cash from market volatility. Partner J.P. Morgan Asset Management’s Empowering Change initiative delivers vital community development support
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Corporate Recognition Awards
Best Investment Strategy
Spotify
In just 15 years, Stockholm-headquartered Spotify has gone from nothing to 356 million monthly active users and 158 million subscribers. Its financials are equally impressive. As of 31 December 2020, the NYSE-listed firm had close to €8bn in revenue, with a balance sheet showing €2.4bn in cash equivalents and €650m in short-term investments.
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