
The Advantages of Anghami’s IPO and its Strategic Merger with Spotify
The acquisition by Spotify will present Anghami instant entry to a bigger buyer base. At the moment, Anghami has 70M whole prospects, 4.5M of whom are premium subscribers. With Spotify contributing 70M subscribers worldwide to the portfolio, this strategic merger will improve the variety of paying subscribers by over six instances and due to this fact present a bigger whole addressable marketplace for the corporate.