Spotify Targets 1 Bln Users, $100 Bln Revenues

Swedish audio streaming platform Spotify Technology S.A. said it aims to reach a billion users over the next eight years, by 2030, and $100 billion revenue annually in the next 10 years. In its first investor day since going public in 2018, in New York, the company said it expects high-margin returns from its expansion into podcasts and audiobooks.

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