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"Waterloo" was recorded by Swedish pop group ABBA, with music composed by Benny Andersson and Björn Ulvaeus and lyrics by Stikkan Anderson. It served as the first single from their second album of the same name and marked their initial release under the Atlantic label in the United States. This was also the first single officially credited to the group under the ABBA name. Different versions featured different B-sides depending on the release territory.
Lyrics ↗What the lyrics are about
The song uses the historical 1815 Battle of Waterloo as a metaphorical reference point.