Spotify Technology announced the launch of its music streaming subscription service in South Korea, taking the total number of its markets worldwide to 93. Shares were up by 1.3% in Tuesday’s pre-market trading after closing 5.6% higher on Feb. 1. According to Spotify (SPOT), South Korea is the world’s sixth-largest music market. With this launch, the company has plans to further grow the Korean music streaming ecosystem. Alex Norström, Chief Freemium Business Officer of Spotify said, “We always want to be where the listeners and artists are, and Korea is rich in both.
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