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25 Nov 2020

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Spotify has 320 million users but failed to turn a profit this quarter
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Spotify has 320 million users but failed to turn a profit this quarter 

Spotify’s latest earnings report is out now and the company is still growing its user base, but surprisingly came out of the quarter at with a loss. The company did grow its revenue by 14 percent, to €1.98 million (roughly 3 billion CAD), but it still finished the quarter with an operating loss of €101…
The post Spotify has 320 million users but failed to turn a profit this quarter appeared first on MobileSyrup.
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