O Spotify introduced the financial results of the company for the first quarter of 2023, where it revealed that the music streaming service is already used by more than 500 million people.
The Swedish company said that, in the first three months of the year, Spotify was used by 515 million users – of which 210 million are subscribers to the premium version of the service. This number of subscribers represents an increase of 2% compared to the previous quarter and 15% compared to the same period last year.
Note that this increase is not entirely reflected in the company’s revenue, with Spotify intending to increase subscription prices.
Also Read: “We are ready to raise prices”, warns Spotify leader
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