Spotify Expects To Hit 400 Million Users By The End Of 2021
Provided By - Video Elephant on October 27, 2021
Spotify has announced that it currently has 381 million monthly active users, 172 million of which are paid subscribers.
The company expects to have 400 million monthly active users by the end of the year.
Spotify continues to be the biggest music streaming service in the world, ahead of Amazon Music and Apple Music.
The company has also been investing heavily in its podcast business.
We are seeing lots of demand on the podcasting side, which is bringing more advertisers in, Daniel Ek, Spotify CEO.
The company says that it is now the “number one platform for podcasts that US listeners use the most”.
There are now 3.2 million podcasts available on the platform