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Spotify to Launch in Nigeria, Bangladesh, Others in Few Days

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Spotify to Launch in Nigeria, Bangladesh, Others in Few Days

Spotify, an audio streaming and media services provider, announced it will launch in Nigeria, Bangladesh, Pakistan and more than 80 other new markets in few days.

The company disclosed this in Tweet put out on its official Twitter handle @Spotify.

Launched in October 2008 by Spotify AB, a Swedish company, the audio streaming platform was listed on the New York Stock Exchange in 2018.

Spotify is presently available in 93 countries and has over 345 million active monthly users.

With the new markets in Asia, Africa, Europe and Latin America, its active users could jump significantly compared to rivals, Apple Music and Amazon Music.

β€œTogether these markets represent more than a billion people, with nearly half of them already using the internet,” said Chief Premium Business Officer Alex Norstrom. β€œSome of the places we’re going like Bangladesh, Pakistan and Nigeria have the fastest growing internet populations in the world.”

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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