5 Key Spotify User Statistics to Keep on Replay

As with any online service, Spotify's true value may lie with its monthly active users. Here's a few things you should know about Spotify's user-base before you decide to invest in the streaming platform.
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Now that Spotify (SPOT) - Get Report has finally had it's IPO and opened at $165.90, there are more than a few things new investors will want to keep in mind before putting money behind the music-streaming service:

    Forty-four percent of Spotify's 159 million monthly active users use the service daily. 

    Average daily usage among those users clocks in at 49 minutes.

    Seventy-two percent of users are under the age of 34.

    Premium subscriptions grew 46% to 71 million in 2017.

    Spotify aims for 92 to 96 million premium subscriptions by the end of 2018. 

    Will you be streaming the stock? 

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