News Africa-focused music streamer Mdundo hits 39.2m users as it expands into first francophone market Mdundo maintained its lowered annual revenue guidance due to billing issues with its two largest telecom partners
News Mdundo launches strategic review that ‘could lead to change in ownership, merger, strategic investor or other consolidation’ Africa-focused music streaming service has launched a strategic review as it grapples with what it calls ‘persistent billing challenges’
News Streaming service Mdundo reports 45% surge in subscription revenue as it sets sights on users outside Africa The company now counts 38.8 million monthly active users, up by 26% over the past year
News Africa-focused streaming service Mdundo hits 37.8m monthly active users, as paid subscription revenue jumps 112% in local currency terms The company reported a revenue decline in fiscal 2023/24, amid weakness in African currencies
News Africa-focused streaming service Mdundo reports 41% jump in active users, as Nigerian currency crisis pressures revenue The Nigerian naira fell 38% in Q1, putting pressure of Mdundo's revenue even as user growth continued unabated
News Africa-focused music streaming service Mdundo hits 30.8M monthly active users The company reported a steep drop in ad revenue, but large growth in paid subscribers
News Africa-focused music streaming service Mdundo reaches 26.6m Monthly Active Users Mdundo also reported a 239% YoY jump in revenue from paid subscriptions
News African music streaming service Mdundo forecasts 35% MAU growth in upcoming fiscal year Mdundo said it expects to hit 35 million MAUs in FY 2023-2024
Analysis News African music service Mdundo’s monthly active users reach 21.5m, up 107% YoY Mdundo has published its quarterly report for calendar Q3 2022
Interviews ‘I’m confident that in the future, 15-20% of all music on the global charts will be by African artists.’ MBW’s World Leaders series interviews Martin Nielsen, CEO of African music streaming service Mdundo
News African Music service Mdundo reached 20.3m Monthly Active Users last month, up 74% since June 2021 Mdundo's biggest country for Monthly Active Users is Nigeria, with a total of 4.9m
News African Music service Mdundo hits 8.7m Monthly Active Users, inks telco partnership with MTN Nigeria Mdundo listed on the Danish stock exchange (the Nasdaq First North Growth Market) in September 2020
News Mdundo and Vodacom Tanzania launch joint bundle for premium listening service The Kenya-founded music service has over 7 million active users per month
News African music service Mdundo has 7m monthly active users, up from 5m in June Company also recently inked a telco partnership with Vodacom Tanzania
News African music service Mdundo now has 6.4m Monthly Active Users, up from 5m in June Company listed on the Danish stock exchange in September