Spotify Rival Deezer Nears Deal to Go Public

French music streaming service Deezer is nearing a deal to go public by merging with a particular objective acquisition firm backed by the household behind luxurious titan Kering SA, in response to individuals aware of the matter, as shopper demand for music continues to grow.

The Paris-based competitor to Spotify Expertise SA and different music streamers has 16 million energetic customers and is offered in additional than 180 nations, in response to its web site. Deezer presents listeners a catalog of greater than 90 million songs, in addition to podcasts, audio books and radio channels.

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