YouTube Music Is Exploding in Popularity
YouTube overhauled its music streaming app in early 2018, and it's taken off since then.
The Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary grew its music streaming app from fewer than 8 million active users at the end of 2017, to more than 77 million active users by the end of 2019, according to data from App Annie.
Much of that growth stems from launches in developing markets like India and Brazil, that capitalizes on the popularity of its free video streaming platform on mobile.
Source Fool.com
