reaped the benefits of its price increases as its first-quarter revenues grew 15.0% to 132.5 million euros . Average revenue per user also improved for direct subscribers and business-to-business subscribers from partners including Brazilian mobile carrier TIM and French retailer Fnac Darty.
France accounted for the majority of Deezer’s revenue , though revenue in the country grew just 8.5% to 76.1 million euros from the prior-year period. Revenue in the rest of the world jumped 25.2% to 56.4 million euros and accounted for 42.6% of revenue, up from 39.1% of revenue in the first quarter of 2023.
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