|
The Company’s principal subsidiaries as at December 31, 2018 are as follows:
|
Name |
|
Principal activities |
|
Proportion of
voting rights
and shares
held (directly
or indirectly) |
|
|
Country of
incorporation |
|
Spotify AB |
|
Main operating company |
|
|
100 |
% |
|
Sweden |
|
Spotify USA Inc. |
|
USA operating company |
|
|
100 |
% |
|
USA |
|
Spotify Ltd |
|
Sales, marketing, contract research and development, and customer support |
|
|
100 |
% |
|
UK |
|
Spotify Norway AS |
|
Sales and marketing |
|
|
100 |
% |
|
Norway |
|
Spotify Spain S.L. |
|
Sales and marketing |
|
|
100 |
% |
|
Spain |
|
Spotify GmbH |
|
Sales and marketing |
|
|
100 |
% |
|
Germany |
|
Spotify France SAS |
|
Sales and marketing |
|
|
100 |
% |
|
France |
|
Spotify Netherlands B.V. |
|
Sales and marketing |
|
|
100 |
% |
|
Netherlands |
|
Spotify Canada Inc. |
|
Sales and marketing |
|
|
100 |
% |
|
Canada |
|
Spotify Australia Pty Ltd |
|
Sales and marketing |
|
|
100 |
% |
|
Australia |
|
Spotify Brasil Serviços De Música LTDA |
|
Sales and marketing |
|
|
100 |
% |
|
Brazil |
|
Spotify Japan K.K |
|
Sales and marketing |
|
|
100 |
% |
|
Japan |
|
Spotify Singapore Pte Ltd. |
|
Marketing |
|
|
100 |
% |
|
Singapore |
There are no restrictions on the net assets of the Group companies.
|