Tencent tried to buy Spotify earlier this year

Spotify has emerged as the top music streaming service worldwide, with more than 140 million active users and 60 million paying customer. The 11-year-old company is reportedly valued at $13 billion, its primary rival is Apple, which launched its service years later and continues to play catchup. Apple Music reached 27 million paying users this past June. – Jon Russell, TechCrunch http://tcrn.ch/2jxs2Gl