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Spotify Adds 35 Million Users, Hits First Full-Year Profit
The audio giant, led by CEO Daniel Ek, ended 2024 with 675 million monthly active users.
“We will continue to place bets that will drive long term impact, increasing our speed while maintaining the levels of efficiency we achieved last year. It’s this combination that will enable us to build the best and most valuable user experience, grow sustainably and deliver creativity to the world.” With the company’s operational headquarters in Stockholm, Sweden, Spotify shares are listed on the New York Stock Exchange in the form of American depositary receipts under ticker symbol SPOT.
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