Spotify is expanding its audiobook service to over 180 markets worldwide, including Europe, the Americas, the Middle East, Africa, and Asia, starting immediately and continuing over the coming months. This expansion allows more than 750 million users to access over 350,000 audiobook titles in 120+ languages, enhancing Spotify's competition against other music and audiobook platforms. The company offers various subscription options, including Premium and Audiobook+ plans, and has introduced features like "Page Match" to improve user experience. With monthly audiobook listeners up 40% and listening hours up 30%, Spotify is investing heavily in growing its audiobook segment globally.
Spotify's stock is trading at USD 490.00 on Pluang, showing a 1.44% gain as of Oct 07, 2026 14:11 WIB. The company holds a market cap of $99.31 billion, with a balanced investor interest reflected in a 58% buy and 42% sell order activity. This trading activity highlights investor engagement alongside Spotify's global audiobook expansion.
