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INQ & 3 Network Owner Buys Stake In Spotify

Profiles - Posted: August 24, 2009

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Li Ka-Shing, Asia's richest man and arguably the most powerful person in the Asian telecom market, has confirmed that it has invested in online streaming music service, Spotify.

According to Forbes business magazine, Li Ka-Shing, who is worth around $15 billion, is rumoured to have invested up to $50 million to take a minority stake in the service as Spotify seeks to expand worldwide and offer more premium services.

Read more: ITPROPORTAL

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Joseph Ajilore

Apparently, I'm far more interesting in person. Co-founder of YHP and many other things.

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