![]() ARPU, a key metric of the ability to monetize users, grew at only 3%, versus a year ago.Īt the current price of only $149.38, the stock trades at 139.3x forward earnings and 2.7x sales. However, that growth was supported by large promotional campaigns in Southeast Asia, India, and Brazil. The company reported earlier in February that premium subscribers grew to 180 million, up 16% year-over-year. Spotify is suffering from slowing average revenue per user growth. His show is still the internet’s top-rated podcast. Spotify executives paid the controversial podcaster $200 million over 3.5 years, according to a report in New York Times. It also did not help that content from Joe Rogan came under fire. The stock is down 36.4% in 2022, after ending last year on a sour note, too. The Car Play diversion could not come at a worse time for Spotify shareholders. And DraftKings (DKNG) was squashed after execs announced a $22.4 billion bid for Entain Plc, a British gambling outfit three times its size. More recently the same fate smashed PayPal (PYPL) as executives at the online payments specialist launched a bid to acquire Pinterest (PINS), a social media business. (SNAP) when the company launched Spectacles, a pair of physical glasses to complement its popular SnapChat mobile application. These corporate dalliances can be costly. As the streaming business matures, they’re clearly looking for new businesses to growth, yet targeting older vehicles is perplexing. The launch of Car Thing shows that Spotify executives are flailing. It exceeds the capability of Car Thing, it’s free, and can access the superior smartphone processor. #Is spotify car thing real full#The software offers full voice control of selection and playback. ![]() Set to driving mode, Google Maps on Android fully integrates Spotify. ![]() ![]() If a customer has an iPhone or Android, Car Thing is completely redundant. ![]()
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |