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Spotify customer growth tops expectations in Q2

2020-07-29 12:33:00| Telecompaper Headlines

(Telecompaper) Spotify reported second-quarter customer numbers and revenues at the high end of its guidance, finishing the period with 299 million monthly users, up 29 percent from a year earlier. The company said weakness in some markets in April and May due to the coronavirus outbreak was offset by a recovery in June, with growth particularly strong in North America and India. As a result, it expects to meet its full-year targets. 

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