Spotify Successfully Reaches 675 Million Monthly Active Users

Spotify's monthly number of active users is increasing (photo: dock. Spotify)

JAKARTA Spotify announced various improvements in the fourth quarter of last year. The Swedish music streaming platform managed to close the year with 675 million monthly active users.

According to Spotify's newly shared financial report on Tuesday, February 4, all achievements in the fourth quarter were much better than the previous quarter. Spotify managed to outperform the entire main metric from the third quarter and profited.

Spotify also revealed four other major metrics that do show improvement. The metric includes the number of Premium package subscribers, total revenue in the fourth quarter, and operating income of the platform.

This achievement is considered a good step according to Spotify Founder and CEO Daniel Ek. Although this achievement is quite good, Spotify does not feel satisfied. They will do various things to achieve higher achievements.

"We will continue to bet on having a long-term impact, increasing our speed while maintaining the level of efficiency we achieved last year," said Ek in a financial report the company released.

Ek explained that the platform will continue to be built to provide the best and most valuable experiences for its users. In addition, the platform will continue to grow sustainably and bring creativity to the world.