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Spotify beats outlook again for subscriber growth, Q4 revenues grow 24%

2020-02-05 13:16:00| Telecompaper Headlines

(Telecompaper) Spotify reported 271 million monthly active users at the end of 2019, up 31 percent over the year and better than the group's forecast. With MAU growth accelerating the past three quarters and strong take-up of its expanding podcast offer, the company said it's confident in its future growth prospects. However, it will continue to invest in 2020 and forecast a bigger operating loss for the year.  

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