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Evening Standard
Evening Standard
Business
Holly Williams

Spotify grows number of paying subscribers despite price hikes

Spotify has announced a jump in in subscriber numbers (Alamy/PA) -

Spotify has announced a jump in the number of subscribers despite hiking prices in the UK and some of its biggest markets worldwide.

The music streaming group reported a higher-than-expected 12% rise in monthly active users, to 761 million in the first three months of the year, and a 9% rise in paying subscribers to 293 million.

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