The Swedish company unveiled the figure, on the high end of its forecasts, as it released its earnings for the quarter to June. It had reported 75 million paying subscribers three months earlier. In year-to-year terms, Spotify’s base of paying subscribers has jumped 40 percent from the same time in 2017. Spotify as of the end of June had 180 million active monthly users when including users on its free tier. The tech giant’s CEO Tim Cook said in a May interview that the service had 50 million paid subscribers.

Source: The Guardian July 26, 2018 12:22 UTC