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Spotify climbs 6% as company announces expansion to 80 new markets, target of 1 billion customers
7 days ago - By Business Insider
An Android smartphone with the Spotify Music logo visible on screen, alongside a pair of earphones.
Olly Curtis/Future via Getty Images
Shares of Spotify climbed 6% on Monday as the company announced plans to expand in 80 new markets, targeting one billion users worldwide.
It plans to add 36 languages to its platform.
The Swedish company will nearly double its presence in certain regioans, including Asia, Africa, and the Caribbean.
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