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Not only did Spotify have its biggest quarter ever for ads, but 2021 will mark the first time it will surpass €1 billion in ad revenue. To take advantage of the demand, Spotify launched the Spotify Audience Network, an audio advertising marketplace that enables advertisers to connect with listeners. Spotify acquired Anchor, the podcast creation platform, in February 2019, and its creators power 70percent of Spotify’s podcast catalogue. DoorDash also recently expanded its marketplace to offer alcohol on-demand across 20 states and the District of Columbia, as well as in Canada and Australia.
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