‘One Registered User Every Second’June 10, 2011 5:10 pm
After LinkedIn and Groupon, it is Pandora’s turn now. We spotted this today:
“Pandora initially filed its S-1 in February and now has 94 million registered users. A few weeks ago, the company released its most recent revenue numbers, which reflected an increase in both sales and usage for the internet radio service.
For example, Pandora is adding a new registered user every second. In Pandora’s fiscal year ended January 31, 2011, Pandora streamed 3.8 billion hours of radio listening. In the three months ending April 30, 2011 Pandora posted revenues of $51 million, up from $29.6 million during the same period in 2010.”
Statistics Source: TC