20-06-2016 16:46 via theverge.com

Spotify has over 100 million active users

Spotify is the first music-streaming service to reach 100 million monthly active users, the company confirmed to The Telegraph today. The announcement comes three months after the service reached 30 million paid subscribers and raised $1 billion in debt financing for its fight against Apple Music.
The streaming service has also become the biggest European startup around, according to investment bank GP Bullhound, which values the company at $8.5 billion. But despite the lofty valuation
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