The Swedish music streaming service has been one of the pearls of investors since its IPO in 2018. The “stream img year” 2020 accelerated this development even further. And all signs point to growth for 2021 as well.
Music, audio books, podcasts – whatever it takes will be streamed! The number of monthly active users (MAUs) at the streaming giant grew by 29% to 320 million users in the last quarter alone. The paying subscribers also increased significantly by 27% to 144 million. Accordingly, the company achieved total sales of € 1.98 (1.73) billion in the third quarter. But high costs …
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