Deezer Goes Public Via a SPAC Merger at a $1.05B, 9.6M Subscribers, and 400M in Revenue (Nick Kostov/Wall Street Journal)
Deezer, a music streaming service company from France will go public soon through a SPAC merger. The merger has a valuation of $10.5B. The representative from Deezer said that the service company has 9.6M subscribers and $400M in revenue. They also said that the merger was done with a special purpose in mind.
Read the full update here. (Nick Kostov/Wall Street Journal)