The largest music streaming service in Africa raised $20 million to fight off global rivals
submitted almost 7 years ago by mindthief
submitted almost 7 years ago by mindthief
- Boomplay, a rapidly growing music streaming service, has raised $20 million to support its expansion and improve its offerings, aiming to compete with global platforms like Spotify and Apple Music.
- The company, which has 44 million active users largely due to its pre-installation on popular smartphones, is also addressing piracy issues in the music industry while expanding its music catalog through licensing deals with major labels.
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