Spotify's podcast platform is winning big

October 28, 2020

Spotify (SPOT) purchase intent surging

Spotify Purchase Intent was the highest we've ever recorded in 20Q3 YoY.

Spotify Purchase Intent Mentions

Last quarter, Spotify beat user growth expectations but got dinged by a COVID-related drop in ad spend and Swedish-share-price-related taxes widening losses

Spotify continues to be Podcast market leader, a positive indicator for future ad revenue because these ads outperform. Consumer time spent listening to podcasts on Spotify more than doubled in Q2.

Spotify's rev growth is expected to slow, but from consumer perspective, Spotify is still hot.

Chewy (CHWY) consumer demand update

CHWY shares are trading higher this morning, after the company announced a new telehealth service that will allow "pet parents" to remotely consult with licensed veterinarians.

Purchase Intent Mentions for the recently-crowned king of pet e-commerce have...

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