Spotify Users Face Trouble Podcasting On Mobile, Desktop; Shares Drop

December 9, 2021 1:48 PM | 1 min read | Make a Comment

Spotify Technology SA SPOT admitted issues faced by several users while playing podcasts on mobile and desktop.
Spotify later tweeted that things looked better and asked users to reach out in case of any problem.
Spotify, headquartered in Stockholm, Sweden, is a leading music streaming service provider with over 150 million listeners. The firm monetizes its users through a paid subscription model.
Separately, TechCrunch reports that Match Group's MTCH Tinder has partnered with Spotify to launch a new 'Music Mode' feature.
Price Action: SPOT shares traded lower by 4.18% at $233 on the last check Thursday.