Subscribe

Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn't arrive within 3 minutes, check your spam folder.

Ok, Thanks
Entertainment Insights Spotify

📈 Spotify reports staggering user growth with revenue surpassing expectations

Music streaming giant Spotify has reported a strong fourth quarter with a surge in both active users and premium subscribers. The number of monthly active users rose to 489 million, surpassing both the company's guidance and analysts' predictions. Meanwhile, the number of premium subscribers, which account for

Acquah Nana Yeboah profile image
by Acquah Nana Yeboah
Updated
📈 Spotify reports staggering user growth with revenue surpassing expectations
Photo by Heidi Fin / Unsplash

Music streaming giant Spotify has reported a strong fourth quarter with a surge in both active users and premium subscribers.

The number of monthly active users rose to 489 million, surpassing both the company's guidance and analysts' predictions. Meanwhile, the number of premium subscribers, which account for the majority of Spotify's revenue, increased by 14% to 205 million.

Acquah Nana Yeboah profile image
by Acquah Nana Yeboah
Updated

Subscribe to Techloy.com

Get the latest information about companies, products, careers, and funding in the technology industry across emerging markets globally.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More