Shazam gets $40 million from Carlos Slim
Music identification app Shazam has raised $40 million dollars in its quest for continued expansion. The source of the investment? Mexico’s Telecom mogul Carlos Slim. Slim’s money will help the app, which was an early favorite for smartphone owners, grow its user base ahead of a rumored IPO.
Seth Fiegerman, business reporter for Mashable, joins Marketplace Tech host Ben Johnson to discuss.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
