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Spotify adds a record number of Q2 users, still loses money

The number of premium (paying) Spotify subscribers reached 188 million at the end of the second quarter. That’s up from 182 million in the first quarter and 14% year-over-year. Meanwhile, monthly active users (MAUs) hit 433 million, up from 422 million in Q1 and 19% YoY. Both figures exceeded the company’s own forecasts.

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