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SPOT-SPOTIFY TECHNOLOGY SA

Spotify On Track for First Profitable Year Amidst Strong Subscriber Growth and Revenue Surge

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Tuesday

19 November, 2024

Spotify is poised for its first profitable year, fueled by a remarkable 11% rise in monthly active users and a 12% increase in subscribers. As the company navigates a competitive landscape, can its innovative strategies and strong revenue growth sustain this momentum?

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