03/05/2021
Spotify said in a press release that it now has a total of 365 million monthly active users (MAUs), adding 11 million MAUs in the first quarter. It also has 158 million paid subscribers as of now, meeting the top end of the company's guidance range. Spotify said it saw “meaningful contributions” from markets such as India, Mexico, Russia, and the US.
Spotify is predicting that it will end the second quarter of this year with 366-373 million monthly active users; 162-166 million premium subscribers; and quarterly revenues of €2.16bn-€2.36bn.