Spotify now has 140 million active users
Spotify has surpassed 140 million monthly active users, the company announced today. Back in March, the service announced it had 50 million paying subscribers, which puts its free user base around 90 million.
The numbers are truly massive, and they show just how much of a lead Spotify has over Apple Music, which recently announced it has 27 million subscribers. Given its subscriber growth rate, Spotify should have no trouble keeping its lead as the biggest paid music streaming service over Apple. But while that may be comforting to Spotify, right now its troubles are largely financial.
Spotify is pushing to go public this year to avoid penalty fees from the $1 billion debt round it raised back in 2016. The company will reportedly go…
