Spotify’s Strategic Price Hikes and User Engagement Drive Strong Growth

Spotify (NYSE: SPOT) has shown impressive growth in both user engagement and revenue, reporting a 20% year-over-year (YoY) revenue increase in Q1 2024. With a 23% YoY surge in monthly active users (MAU) to 615 million and a 14% rise in subscribers to 239 million, Spotify’s extensive and loyal user base underscores its strong marketContinue reading “Spotify’s Strategic Price Hikes and User Engagement Drive Strong Growth”