Spotify already has 87 million users with a premium account
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Spotify has become the king of streaming services, at least in Europe where it has the majority of its users. The company went public months ago, which means that every quarter they reveal the number of users with a premium account. Yesterday it was the turn of their new quarterly results, with which they share this information with us again.
Spotify already has 87 million users with a premium account
Little by little things are better on the financial side. Losses are decreasing and the number of users with a premium account is increasing. There are already 87 million users.
Premium account on Spotify
These 87 million premium accounts represent an increase of 4 million compared to the second quarter of this year. It is not a huge growth, but it continues to make clear that users show interest in a premium account on Spotify. In addition, in comparison, this figure is 40% higher than the same period last year. What makes clear the progress of the firm in this regard.
There has been an increase in the number of monthly active users, of 28%. In this way, it already stands at 191 million users worldwide. A figure that the firm expects to continue increasing before the end of the year, when it could already reach 200 million users.
Spotify continues to grow globally, a trend that seems to continue and promises to continue. New features that have been incorporated into the Swedish streaming platform contribute. So surely more news will be announced soon.
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