Spotify has zoomed past 300 million subscribers for the first time, the company said on Tuesday. The streaming service also reached 777 million monthly active users in the second quarter, 12% more than a year earlier.
Notably, the company saw its subscriber base swell by 9% in the quarter despite raising subscription prices in several regions this year. The platform has tried to diversify its offerings by introducing fitness content, narrations of magazines, integrating concert ticket sales, and even selling physical books.
