Spotify Utilization And Revenue Statistics (2020)
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Spotify, if you don’t know, is a Swedish music-streaming service with roughly 100 million paid subscribers. Another 100-million-plus listen free on an ad-supported model. Nevertheless it’s the subscribers that drive 90 % of the corporate’s revenue. Ek co-based the corporate in 2006, at age 23. It went public in 2018 and its market cap is now round $25 billion. For a corporation that doesn’t actually make something — apart from making …Read more →