There is no looking back for the Swedish online audio streaming giant Spotify, as it is going to enter the 100 million hallmark very soon.

Spotify which was hit with a whopping $1.6 billion lawsuit recently, following allegations of bypassing mechanical licenses, according to rumors, may go public on the NYSE next month.

Spotify has lost $1.6 billion in the last two years and it would be interesting to see Spotify’s next move as according to a report from Wall Street Journal, Apple Music may surpass Spotify’s US subscriber base soon in the US.