December 2, 2022

Spotify rival Anghami reduces headcount by 22% as a part of

Spotify considering buying MENA focused rival Anghami

Spotify considering buying MENA focused rival Anghami

MENA-focused music streaming service Anghami printed its preliminary unaudited Q3 outcomes on Tuesday (November 15).

The platform noticed income leap 29% 12 months over 12 months in Q3 to $31.7 million, from $24.5 million in Q3 2021, pushed by elevated subscriptions.

It additionally posted 27% quarter-on-quarter progress in subscription income, Anghami mentioned with out disclosing the precise figures.

For the quarter ended September 30, the corporate says that its gross revenue rose 13% versus Q2, which it attributed to an…

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