Swedish Daniel Ek is not only the co-founder of Spotify, but also the CEO. At the turn of the year, he is scheduled to become the chairman of the board. (Archive photo). Photo: Laure Andrillon/Reuters
Spotify hits milestone: 700 million users reached
Spotify’s third-quarter report reveals it has surpassed 700 million users for the first time in the past year, reaching 713 million, a 12% increase. Paying subscribers also rose by 12% to 281 million. Founder and CEO Daniel Ek stated that the business is healthy and delivering faster than ever,...
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