Spotify Technology SA on Wednesday defended the company’s strategy and outlined plans to expand into new businesses to allay investor fears that the audio market opportunity is limited.
Since its first investor day Streaming giant taking public Four years ago, Spotify released its hundreds of . highlight the loyalty of millions of listenersIts industry-leading music recommendations and The success of its podcast unit, The company also indicated its expansion globallyA growing set of tools for its creators, and areas it plans to expand into, including audiobooks and eventually education, sports and news.