Spotify grew its customer base to 172 million paid subscribers and 381 million total monthly active users (MAUs) in the three months ending Sept. 30, the company reported Tuesday (Oct. 27). Total revenue in the third quarter was 2.5 billion euros ($2.90 billion in current dollars), up 27% on the same period the previous year and a 7% rise on Q2’s 2.33 billion euros ($2.75 billion) tally.
Source: Spotify Hits 172 Million Paid Users as Quarterly Revenue Climbs 27%