Spotify aims for a billion users by 2030

Ek said the ambitious goal could be achieved in part through an expansion of Spotify’s portfolio of podcasts and audiobooks, while making the platform a one-stop shop for content creators. — dpa

NEW YORK: Audio streaming platform Spotify said on June 8 it is aiming to have one billion users by 2030 as well as an annual revenue of US$100bil (RM439.30bil) in a decade.

Co-founder and CEO Daniel Ek, speaking at an investor day event in New York, said the ambitious goal could be achieved in part through an expansion of Spotify’s portfolio of podcasts and audiobooks, while making the platform a one-stop shop for content creators.