• Mon. Dec 6th, 2021

Spotify, number of users rises to 381 million (+ 19%)

Byeditorial

Oct 27, 2021

Spotify, the world number one in music streaming, closed the first nine months of the year with a net profit of 5 million euros, in door progression compared to the red of 456 million euros in the same period of the previous year. The turnover of the Swedish group stands at 6.979 billion euros, up by 22.18% compared to the 5.712 billion euros achieved in the same period of the year. Spotify made it known in a statement. In the third quarter, Spotify recorded a number of active users of 381 million, up 19% compared to the same period of the previous year. In the third quarter, net income amounted to 2 million euros, a strong increase compared to the red of 101 million in the same period of the previous year. Turnover stood at € 2.5 billion, up from € 1.975 billion in the same period of the previous year.