Spotify Listing

Premium subscribers, which account for most of the company's revenue, rose to 188 million, beating analysts' expectations of 187 million

Podsights helps marketers gauge the effectiveness of their ads, one area that Spotify said has been a major challenge.

"We don't create albums with so much care and thought into our track listing for no reason," the singer wrote in a Tweet

Spotify in its filing said that the share listing could be worth $1 billion

The most recent private trades in the Swedish company have taken place at above $4,000 per share according to sources