Jump to content

Spotify surpasses 600 million active users for the first time

By Jubair Hossin Babu, 02/06/2024


gsmarena_001.jpg

Spotify posted its quarterly report, and the numbers look promising. During the last three months, the streaming platform increased its MAU (monthly active users) by 28 million, surpassing its expectations and reaching 600 million, a new high for the Swedish company. Revenue for the full 2023 was €3.7 billion (about $4 billion), which is 16% more than 2022. Operating income did slip into the red with a loss of €75 million, but the company boasted that its ad revenues reached an all-time high of €501 million. The 602 million active users include 236 million Premium subscribers. The...

View the full article

  • 34 Views
  • 0 Comments



Comments

There are no comments to display.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
IP.Board News by DevFuse
×
×
  • Create New...

Write what you are looking for and press enter or click the search icon to begin your search