Spotify Technology S.A., together with its subsidiaries, provides music streaming services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers commercial-free music services to subscribers comprising unlimited online and offline high-quality streaming access to its catalog. The Ad-Supported segment provides ad-supported users with limited on-demand online access to its catalog. As of December 31, 2017, its platform included 159 million monthly active users and 71 million premium subscribers in approximately 61 countries and territories. The company was founded in 2006 and is based in Luxembourg City, Luxembourg.