![]() The decline included a loss of about 1.5 million Premium subs stemming from the company’s ceasing operations in Russia - and, according to Spotify, excluding Russia, paid user growth was above expectations. ![]() Spotify expects to exceed 1 billion users worldwide by 2030, more than double from 422 million as of the end of the first quarter of 2022, company execs told investors last week.ĭuring the first quarter of 2022, Spotify added 2 million Premium subscribers to reach 182 million, lower that the expected 3 million net adds on the paid-user front. “And while we have yet to see any material impact to our business, we are keeping a close eye on the situation and evaluating our headcount growth in the near term.” ![]() ![]() “We are clearly aware of the increasing uncertainty regarding the global economy,” Vogel said. ![]()
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