Spotify paid users hit 236M, but company returns to losing money, amid Apple battle<div class="feat-image">
</div><p><a href="
https://9to5mac.com/guides/spotify/" target="_blank" rel="noreferrer noopener">Spotify[/url] reported a mix of good news and bad in its latest quarterly earnings report. The good news was that Spotify paid users hit 236M, up 4% on the previous quarter. Subscribers on the free ad-funded tier grew even more, up 5% to 602M.</p>
<p>The bad news was that the company, which managed a rare quarterly profit in Q3, returned to being a loss-making business in Q4 …</p>
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Spotify paid users hit 236M, but company returns to losing money, amid Apple battle