Spotify (SPOT.N) said this week that it would increase monthly price of its premium individual subscription in select markets from September, as the Swedish streaming giant looks to improve margins.
The company’s shares jumped nearly 8 per cent. They have gained about 40 per cent so far this year.
The subscription price will rise to 11.99 euros ($13.86) per month from 10.99 euros in markets including South Asia, the Middle
