Spotify is one of the best music streaming services available out there for streaming every kind of music. You can listen to millions of songs, create your own buzz of playlists and vibe out as per your mood and environment. Now reports say that Spotify has seen a rise in monthly active users during the pandemic. Spotify in a statement said that they have seen the rise in monthly active users by 27% that makes up a total of 345 million active users.
Also, Spotify added that they have seen a sharp rise in paid Spotify subscriptions as well during the Coronavirus crisis. The reason can be that people have been locked in their house. Moreover, in the fourth quarter, they beat the revenue estimates and hit up the 155 Million paid subscribers for the premium Spotify services.