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Music streaming giants Spotify, Tencent invest in each other

Swedish music streaming service Spotify and Chinese internet company Tencent have struck a deal to take minority stakes in each other.
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Spotify and China’s Tencent invest in each other as part of ‘strategic collaboration’

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Spotify and Chinese tech titan Tencent are investing in each other’s music-streaming services as part of what Tencent president Martin Lau calls a “strategic collaboration.” The reciprocal agreement between Spotify, Tencent, and the...

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Music streaming giants Spotify, Tencent invest in each other

Technology : SFGate: Tech News

STOCKHOLM (AP) — Swedish music streaming service Spotify and Chinese internet company Tencent have struck a deal to take minority stakes in each other. The companies said Friday in a joint statement they will acquire new shares repr...

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