Date: a month ago   Category: Hi-Tech

Spotify has for the first time reported on profit following the results of a quarter


But plans to return to losses. Spotify has reported on $48,7 million profit in the third quarter 2018 - it is the first profit of the company for all history. In the third quarter 2017 the company has reached a loss in $83,3 million. The company has finished quarter without loss thanks to the investments into the Chinese strimingovy Tencent Music service. In Spotify have explained that have received $142 million tax benefit because of changes of cost of the share in Tencent Music. Earlier Spotify said that profit in the third quarter will be one-time: most likely the company will return to losses next quarters, Wsj.Vyruchka Spotify writes has grown by 31%, to $1,54 billion, the number of paid subscribers of service has grown to 87 million people, and number of active users - 191 million a month. Spotify Reports Profit but Tempers Outlook for New Subscribers

Spotify Technology posted its first-ever profit in the latest quarter, thanks to its investment in Chinese...

of www.wsj.com.

URL:




Today

2 days ago

One of the most famous and highly paid Hollywood actors Eddie Murphy became a father for the tenth time. As informs Newsmir.info with reference to the western tabloids, at the actor the son was born....

2 days ago

Late at night on December 7 in Kryvyi Rih on residential district Zarechny-5 the driver of BMW on the Lithuanian numbers apparently did not manage to drive and crashed into a concrete fence of parking...

2 days ago

The secret novel was for the woman an occasion of revenge to the traitor which can be turned into reality now. On Channel One was outlined intense scandal on the shouting subject again. The matter i...

2 days ago

Today, on December 8, approximately at 20:00 on Lyustdorfskaya Road the girl driver of BMW on "eurometal plates" did not manage to drive and crashed into a fence of prison. As reports "Newsmir.info"...

2 days ago

Unpleasant incident occurred on December 6 in the city Raisin of the Kharkiv region. As reported in local police station, about five o'clock in the evening to the 80-year-old woman the friendly woman...

2 days ago

In Hamburg the congress of the German conservatives who elected Annegret Crump-Karrenbaueer Angela Merkel successor on a post of the chairman of CDU came to the end. On Saturday, December 8, in Hamb...

2 days ago

The American company Ford on social network "VKontakte" organized and conducted survey which purpose was identification of the most useful automobile options in winter time for the Russian roads. th...

2 days ago

For most of the people suffering from this or that form of diabetes need to constantly take a blood test from a finger is not the most pleasant procedure - for this reason many teams of developers act...