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Published 3 months ago

Spotify's monthly user growth, subscribers beat expectations

Summary by Ground News
Spotify's monthly active users rose by 23% to 602 million in the fourth quarter. Premium subscribers, who account for most of the company's revenue, rose by 15% to 236 million, topping estimates of 235.1 million. The company posted a fourth-quarter operating loss of �75m, compared with a loss of  231m the same time the previous year.

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