Swedish-based fashionable music and podcast streaming platform Spotify introduced that as of March 31, the variety of month-to-month users reached 515 million.
ensonhaber.com
Swedish digital music and podcast listening platform Spotify introduced final 12 months that it’s concentrating on 200 million paid subscriptions by the top of the 12 months.
The favored music and podcast publishing platform has now introduced that as of March 31, the variety of month-to-month users has reached 515 million.
This represents a 22 p.c enhance over final 12 months and a 5 p.c enhance over the earlier quarter.
A primary in Spotify historical past
Spotify CEO Daniel Ek mentioned this development was the second-largest quarterly consumer development within the service’s historical past.
In January, it was introduced that the corporate had determined to layoffs affecting 6 p.c of its world workforce.
Loss defined
Though issues are going effectively when it comes to the variety of users, Spotify introduced a lack of 225 million euros for the primary quarter of 2023.
Spotify is seen because the music streaming service with essentially the most paid subscribers in comparison with its rivals resembling Apple and Amazon.
The favored music streaming platform expects to reach annual revenues of $100 billion over the subsequent 10 years.
The corporate believes that elevated demand, particularly for podcasts and audiobooks, will enhance revenues.
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https://www.ensonhaber.com/teknoloji/spotify-kullanici-sayisi-515-milyona-ulasti
