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By the end of 2018, Spotify expects to have 198-208 million monthly act...

Daniel Ek: By the end of 2018, Spotify expects to have 198-208 million monthly active users, 92-96 m... Published Mar 27, 2018. Status: True. According to evid...

  • Actor: Daniel Ek
  • Topic: Economy
  • Status: True
  • Published: Mar 27, 2018
  • Deadline: Dec 31, 2018
By the end of 2018, Spotify expects to have 198-208 million monthly active users, 92-96 million paid subscribers, total revenues of €4.9-5.3 billion (US$ 6-6.5 billion), a gross margin of 23-25 percent, and an operating loss of €230-330 million (US$ 285-409 million).

FactTracker assessment

According to evidence [2], Spotify's full-year revenues in 2018 were €5.26bn, which is within the predicted r...

Original source: yourstory.com