![A Spotify banner adorns the facade of the New York Stock Exchange, Tuesday, April 3, 2018. Spotify, the No. 1 music streaming service which has drawn comparisons to Netflix, is about to find out how it plays on the stock market in an unusual IPO. (AP Photo/Richard Drew)](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/JSMZGUFRA43ZELV46KYHIPQY74.jpg?smart=true&auth=4dadb5072c11565bcc6a3c50e1acda3de34c1ae4ff4b80dc518fcaea42255839&width=400&height=225)
In 2018, Swedish streaming giant Spotify chose to go public through the direct listings route rather than an IPO. AP Photo
In 2018, Swedish streaming giant Spotify chose to go public through the direct listings route rather than an IPO. AP Photo
What's the difference between a direct listing and an IPO?
Spotify and Slack kicked off the direct listing trend, saving millions of dollars in investment banking fees
Vikram Barhat
05 November, 2020