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Flipkart slowly grew in prominence and was receiving 100 orders per day by 2008. [16] Flipkart acquired WeRead in 2010 from Lulu.com that helped it build its foundational strength which was the digital retail of books. This space was otherwise only shared by very limited number of players at that time in the market, such as Landmark and ...
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In March 2011, Spotify announced a customer base of 1 million paying subscribers across Europe, [36] and by September 2011, the number of paying subscribers had doubled to two million. [37] In August 2012, Time reported 15 million active users, four million being paying Spotify subscribers. [ 38 ]
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Spotify, a music streaming company, has attracted significant criticism since its 2008 launch, [1] mainly over artist compensation. Unlike physical sales or downloads, which pay artists a fixed price per song or album sold, Spotify pays royalties based on the artist's "market share"—the number of streams for their songs as a proportion of total songs streamed on the service.