Spotify has 299M monthly users
Music service Spotify shared a report on the results
The number of monthly active users is 299 million, up 29% from a year earlier.Revenue also increased to 1.889 billion euros.The number of paid subscribers, by the way, reached 138 million, which is 27% more than a year earlier.Most of them are Europeans.
Spotify also said that the launch of the service inRussia was eventful and even more ambitious than India. The company hopes to grow at the same pace. It's worth noting that in the first week after the launch of Spotify in India, the number of subscribers reached one million.