Tencent tried to buy Spotify earlier this year

Spotify has long been linked with going public in the U.S. — it is speculated to be preparing for an IPO-less listing next year — but it has emerged that the company rebuffed the opportunity to sell to a major tech name earlier this year: Tencent, the Chinese internet giant valued at $38 billion. Tencent is said to have approached Spotify with a view to acquiring the company to… Read More