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How’s Deezer Doing? French Streamer Posts 11% Jump in Revenue
Deezer’s earnings show that revenue increased 11.0% to 134.0 million euros ($147.3 million) in Q3 2024.
Also, Lanternier added, the Mercado Libre partnership, which provides 12-month trials, has produced results “higher than our initial expectations.” There will be “potential for price increases” as Deezer continues to “upgrade the experience to add value to the user,” said de Place. Following the release of third-quarter earnings after the market’s close on Wednesday, Deezer’s share price was practically unchanged, falling just 0.4% to 1.345 euros ($1.46) on Thursday.
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