Spotify is currently the largest audio streaming service on the planet, the Swedish company that created it recently announced that it has 100 million monthly active users, an impressive figure, especially since 30% of them also pay a monthly subscription to benefit from the services.
Based on the data currently available for audio streaming services, Spotify is the first company that owns such a platform and has such a large number of monthly active users, the figure being an impressive one if we look at the type of product it offers Swedish company.
Just 3 months ago, Spotify had announced that it had 30 million subscribers to its services, also at that time announcing that it had also obtained a financing of 1 billion dollars in order to be able to fight more effectively with Apple Music, which is at the moment by far its strongest competitor service.
Spotify has become the biggest startup in Europe at the moment, according to the financial institutions that monitor companies in Europe, Spotify being currently valued at 8 billion dollars, a very large figure if we consider that the Swedes have not yet made profit and have a lot of debt.
Spotify has confirmed that it has more than 100m monthly active users on its music streaming service today. Based on its last count, the Swedish company is adding 1.8m users to the service monthly, and 30pc of users are paying subscribers.
