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You can argue market cap isn’t there, but Spotify’s revenue in the EU far exceeds 7.5B Euro.
by senorrib 2y ago
You can argue market cap isn’t there, but Spotify’s revenue in the EU far exceeds 7.5B Euro.
- robin_reala 2y agoNo idea how accurate this is, but according to https://www.businessofapps.com/data/spotify-statistics/ https://www.businessofapps.com/data/spotify-statistics/ in 2023 Spotify had €13.2B revenue globally, and 40.5% users in Europe. Assuming that revenue is spread equally (which is a big assumption) that means that Spotify’s revenue in the EU in 2023 was €5.3B. Where did you get the “far exceeds” figure from?