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Today in Germany: Soundcloud Written by Felicitas Hackmann on 9. February 2016

SoundCloud’s loss in 2014: €40 million

From what can be seen in Britain’s commercial register, Berlin-based music startup SoundCloud‘s loss jumped from €23.1 million in 2013 to €39.1 million in 2014. Reason for it are mostly payroll cost that have increased.
[Gründerszene] (German)

Image: SoundCloud