Exclusive: Deezer to begin German expansion using Brazil, France model - CEO

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SAO PAULO : French music-streaming platform Deezer SA will begin its German operation in the coming weeks as the newly public listed company pushes its market expansion plans with a focus on securing local partnerships, CEO Jeronimo Folgueira told Reuters in an interview on Thursday.Folgueira, who became

SAO PAULO : French music-streaming platform Deezer SA will begin its German operation in the coming weeks as the newly public listed company pushes its market expansion plans with a focus on securing local partnerships, CEO Jeronimo Folgueira told Reuters in an interview on Thursday.

"We expect Germany to become the growth driver of the company for the next few years on the back of that. We are looking to replicate that successful French and Brazilian model." "The fact that we were able to IPO and raise 143 million euros in the current situation ... shows the strength of our business and industry," Folgueira said.

 

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