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SPOTIFY TECHNOLOGY S.A.

(SPOT)
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Spotify Technology S A : Elevate Your GIF Game With GIPHY and Spotify's New Music Feature

07/22/2021 | 09:58am EDT

After searching GIPHY, an online database that contains billions of GIFs, stickers, and more, you've found it. You've spotted the perfect GIF. Now, it's time to share it in your group chat so your friends can get a feel for your reaction-no words necessary.

No matter how you pronounce it, GIFs are the ultimate visual metaphor. And now, thanks to a partnership with Spotify and GIPHY, music can be part of the equation. We're teaming up with GIPHY to enable new Spotify-linked artist GIFs. When users click the GIF on the verified GIPHY artists' pages, they'll be taken directly to the featured artist's Spotify page for a listening session.

Artists Doja Cat,The Weeknd,Post Malone, Nicki Minaj, The Kid LAROI, andConan Grayhave already kicked off the integration, with more to come.

Users around the globe can find the feature on verified GIPHY artist pages and they can be experienced through both GIPHY's web and mobile platform. Here's how it works:

  1. Search for artists' GIFs on their official GIPHY channel via GIPHY.com or GIPHY's mobile apps
  2. Once on the artist's official GIPHY channel, click on the GIF you'd like to use
  3. Tap the 'Listen on Spotify' button on any participating GIF
  4. Users will be taken directly to the artist's Spotify page, where they can listen and discover even more music from artists they love

Ready to give it a try? Check out Doja Cat's,The Weeknd's,Post Malone's, Nicki Minaj's,The Kid LAROI's, and Conan Gray's verified GIPHY pages to see the integration in action.

Disclaimer

Spotify Technology SA published this content on 22 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2021 13:57:06 UTC.


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Analyst Recommendations on SPOTIFY TECHNOLOGY S.A.
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Financials
Sales 2021 9 532 M 11 138 M 11 138 M
Net income 2021 -119 M -139 M -139 M
Net cash 2021 1 927 M 2 252 M 2 252 M
P/E ratio 2021 -312x
Yield 2021 -
Capitalization 37 230 M 43 503 M 43 499 M
EV / Sales 2021 3,70x
EV / Sales 2022 3,07x
Nbr of Employees 5 584
Free-Float 70,4%
Chart SPOTIFY TECHNOLOGY S.A.
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Spotify Technology S.A. Technical Analysis Chart | MarketScreener
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Technical analysis trends SPOTIFY TECHNOLOGY S.A.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Last Close Price 194,56 €
Average target price 244,63 €
Spread / Average Target 25,7%
EPS Revisions
Managers and Directors
Daniel Ek Chairman & Chief Executive Officer
Paul Aaron Vogel Chief Financial Officer
Stig Gustav Victor S÷derstr÷m Chief Research & Development Officer
Martin Lorentzon Independent Director
Cristina Stenbeck Independent Director
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