An Australian streaming music startup is claiming a $1 billion valuation

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[1] Australian streaming music startup Guvera is prepping up for an IPO and they’re claiming for a $1 billion valuation.

[2] The company competes with streaming giants like Spotify and Pandora with a stronger presence in Asia.

[3] Guvera’s revenue relies on advertising, with users able to enjoy listening with ads or avail of paid subscriptions.

guvera

[Source] Australian Information Technology News – An Australian streaming music startup is claiming a $1 billion valuation