Spotify has now made its own history when it became the first audio streaming service to record more than 200 million paid subscribers under their service.
According to the latest figures published, Spotify now has 489 million monthly active users, and 205 million paid subscribers.
Although the number of customers increased, but in terms of operations, it still recorded a loss for now.
Regardless, Spotify is seen to be diversifying its offerings by focusing more on content such as podcasts, audio books and so on.
For now, it is not yet known when Spotify will introduce a high-quality audio streaming service called Spotify HiFi to the public – one of the services that many users around the world have been waiting for.
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