Spotify reports Q2 revenue of €2.3B, up 23% YoY, as ad revenue jumped 110% YoY to €275M; paying subscribers reached 165M, up 20% YoY, total MAUs reached 365M (Todd Spangler/Variety)

Todd Spangler / Variety:
Spotify reports Q2 revenue of €2.3B, up 23% YoY, as ad revenue jumped 110% YoY to €275M; paying subscribers reached 165M, up 20% YoY, total MAUs reached 365M  —  Spotify, citing ongoing headwinds from the COVID pandemic, fell short of its total monthly user growth goal in the second quarter of 2021.