billion-euros Archives

Music streaming service Deezer plans Paris listing

September 22, 2015 admin apple, billion-euros, giants-dominate, growing-rapidly, launching, licensing-music, mobile-virtual, music, paris, songs-stored, spotify-deezer, stock-market, xiaomi-phone

By Leila Abboud PARIS (Reuters) – Music streaming service Deezer plans a flotation on the Paris stock exchange by the end of the year as it tries to keep up with larger, deeper-pocketed rivals such as Apple Inc and Sweden’s Spotify. Deezer, which analysts expect to achieve a stock market valuation of about 1 billion euros ($1 billion), and its rivals represent a shift in the music industry, away from buying and downloading tracks to listening online to songs stored remotely

News Posts

Online meal firm HelloFresh prepares for listing this year: sources

August 5, 2015 creative alexander, billion-euros, chief-executive, initial-public, internet, matter, online, place-as-early, rocket-internet, sources, stock-market, venture-capital, vice-president

By Arno Schuetze and Alexander Hübner FRANKFURT (Reuters) – Online meal preparation firm HelloFresh is readying a stock market listing this year as it seeks to capitalize on buoyant equities markets and investor appetite for the Internet food market, according to three people familiar with the matter. Majority owner Rocket Internet and co-investors have mandated Morgan Stanley and Goldman Sachs to organize the listing, the sources said.