Spotify released its financial results for the July-September period and performance is better than expected. The music streaming platform now boasts a total of 320 million monthly active users (MAUs) which is up by 7% from the 299 million MAUs it reported at the end of Q2 and 29% more than Q3 2019.
Premium users now number 144 million, which is a 5% increase over the previous quarter and an impressive 27% yearly growth.
Spotify Q3 financial results
These numbers still put Spotify as the runaway leader in the music subscription services category, well ahead of Apple Music which…