Spotify paying) in December 2014, 75 million users (20 million paying) in June 2015, 30 million paying subscribers in March 2016, 40 million subscribers in September 2016, and 100 million total users in June 2016. As of November 2018, Spotify has 191 million active users, including over 87 million paying subscribers. According to "TechCrunch", Spotify was planning to launch on the stock market in 2017, but is instead planning on doing the IPO in 2018 in order to "build up a better balance sheet and work on shifting its business model to improve its margins". The value of its IPO is
QQ Music QQ Music QQ Music () is one of the three Chinese freemium music streaming service owned by Tencent and is under their QQ brand. As of 2018, the service is set to reach over 700 million users with an estimated 120 million subscribers. The service in 2016 merged with China Music Corporation, owners of the second and the third largest streaming services known as KuGou and Kuwo respectively. With this merger, QQ Music currently has a 15% share of the Chinese online music market. Outside of streaming, the service leverages its brand to the public through the annual QQ Music