Spotify adds 25mn users in Q4 aided by faster growth in India
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IANS
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Published on
Wed, Feb 3 2021 18:51 IST
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Spotify (Credit: Getty Images). Image Source: IANS News
New Delhi, Feb 3 : Swedish music streaming platform Spotify on Wednesday said it added 25 million monthly active users in the fourth quarter of 2020 aided by better than expected growth in India.
The streaming giant also benefited from faster growth in the US and Western Europe.
Total monthly active users grew 27 per cent year-over-year to reach 345 million in the quarter, Spotify said.
The streaming giant ended 2020 with 155 million paid subscribers, a growth of 24 per cent over the past year.