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Spotify, Apple Music Rival Deezer Plans IPO

French music streaming service Deezer is planning a flotation, the company announced on Tuesday, as it looks to step up its fight against larger rivals Apple Music and Spotify.

Deezer has filed a registration document with the French financial authorities, the first step toward an initial public offering on the Euronext exchange in Paris.

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This article originally appeared on Recode.net.