Spotify subscribers hit 172 million in Q3 2021
Spotify subscribers hit 172 million in Q3 2021, a 19% increase year on year, according to its recently released Q3 2021 financial results. Monthly Active Users (MAU) increased 19%% to 381 million. Revenue of €2,501 million was up 27% year on year in the quarter despite the impact of the COVID-19 pandemic. The streamer also showed strong growth in its advertising revenue of €323 million up 75% from a year before. The company posted a […]