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2/22, 5:26 PM (Source: TeleTrader)
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Spotify to expand, reach 1 billion more people

Spotify will expand soon and will reach over one billion people in new markets, CEO Daniel Ek said on Monday.

Speaking at the Stream On virtual news event, Ek added "there are still millions of creators and billions of listeners who don't yet have access to Spotify." The CEO noted that Spotify will release details of its expansion soon.

The streaming service is currently not available in some of the world's most populated countries including China, Pakistan, Bangladesh and Nigeria.

Breaking the News / VP