Spotify a customer base of one million paying subscribers across Europe, and by September 2011, the number of paying subscribers had doubled to two million. In August 2012, "Time" reported 15 million active users, four million being paying Spotify subscribers. User growth continued, reaching 20 million total active users, including 5 million paying customers globally and 1 million paying customers in the United States, in December 2012. By March 2013, the service had 24 million active users, 6 million being paying subscribers, which grew to 40 million users (including 10 million paying) in May 2014, 60 million users (including 15 million
Tencent Music for IPOs of around $2 Billion in USA. In December 2018 the company announced making an IPO with the total value of shares around $1,23 billion, which includes 82 millions of ADS and 164 millions onf regular shared with price around $13 - $15 for each. Tencent Music Tencent Music Entertainment Group is a company that develops music streaming services for the Chinese market. Their apps, including QQ Music, Kugou, and Kuwo, have more than 700 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music