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If we can steal market share and compete with Spotify, Apple, Amazon in France and in Brazil, there's no reason we cannot do that anywhere else in the world.'ĭeezer had 9.6 million subscribers at the end of 2021, still well below Spotify's 180 million premium subscribers at the time. 'For us to really grow big we have to find a way of entering and cracking those markets. The CEO said they will eventually consider expansion into other markets, like the U.S and U.K., where the company has little presence. It postponed previous IPO plans in 2015 due to market conditions.įolgueira said the IPO was needed to raise capital to execute Deezer's expansion plans and that the company was stable enough to do so, adding it also wanted to create liquidity for some of its investors and open room for 'potential M&A down the road.' shows the strength of our business and industry,' Folgueira said.įounded in 2007, just a year after rival Spotify, Deezer had contemplated entering the stock market for years.

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And, with Deezer Premium, stream your music on all your devices - phone, desktop, Xbox One and more With Deezer you can: - Get your music on all your Windows 10 devices - Access your music more easily - Stream Flow, your personal soundtrack - Get personalised music recommendations from our Editors - Download your music on. 'The fact that we were able to IPO and raise 143 million euros in the current situation. Stream unlimited music with Deezer to discover your perfect soundtrack. The company shares fell by as much as 59 per cent in the days following the flotation, before paring some of those losses.

In July, Deezer - one of France's first so-called 'unicorns' - took the leap on a long-awaited initial public offering (IPO), which analysts saw as a bold move given the current global economic situation. Deezer je dostupný cez web prehliada, samozrejme má aplikáciu. Hudbu môete poúva ako on-line, tak off-line. V ponuke je tie viac ako 30-tisíc rádio staníc. Ponúka cez 56 miliónov skladieb od vydavatestiev ako Universal Music Group, Sony Music alebo Warner music Group. We are looking to replicate that successful French and Brazilian model.' Deezer je hudobná streamovacia sluba z Francúzska.

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'We expect Germany to become the growth driver of the company for the next few years on the back of that. It will give us very strong entry into the German market,' Folgueira said. 'We are launching Deezer inside of the RTL+ app, and that's happening in the next few weeks. Germany is the next country on the company's list, with a local partnership with RTL Group. 'I think in Brazil we were able to replicate the model that we successfully done in France, which is we enter the market with big strategic partners - like TIM, Globo and Mercado Libre here - who really help us get scale,' he said. SAO PAULO : French music-streaming platform Deezer SA will begin its German operation in the coming weeks as the newly public listed company pushes its market expansion plans with a focus on securing local partnerships, CEO Jeronimo Folgueira told Reuters in an interview on Thursday.įolgueira, who became CEO a year ago, said the company wants to replicate its Brazil strategy in other countries, but for now it will only focus on a handful.

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