Spotify Expands into Eastern Europe and Russia
There are 195 countries in the world, and as of this week, you can listen to Spotify (NYSE: SPOT) in almost half of them.
Yesterday, Spotify launched its service in 13 new eastern European markets: Albania, Belarus, Bosnia & Herzegovina, Croatia, Kazakhstan, Kosovo, Moldova, Montenegro, North Macedonia, Russia, Serbia, Slovenia, and Ukraine. The new additions bring the number of nations in which Spotify offers service to 92 and adds 250 million potential listeners to Spotify's total addressable market.
Image source: Getty Images.
Source Fool.com