Storytel

Storytel Adds 80,000 Subscribers in Its Biggest Quarterly Gain Since 2023

Audiobook app Storytel added 80,000 paying subscribers in the third quarter, its biggest increase in new subscribers since 2023.

Denise Rudberg’s A Seventh Brigade is Storytel’s most listened-to audiobook of the summer

Denise Rudberg's spy novel "A Seventh Brigade" is the most listened to audiobook of the summer on Storytel.

Muted trading on the Stockholm Stock Exchange as Volvo rises and Storytel jumps 16%

The Stockholm Stock Exchange remained subdued on Tuesday. At the close, the OMXS index was up 0.4 percent after a marginal late gain.

Stock market down despite strong US jobs figures

The Stockholm Stock Exchange closed in the red despite a delayed report showing that the US created twice as many new jobs in January as expected. At the close, the OMXS index was down 0.3 percent.

Stock Market and Gold Decline as Storytel Shares Surge

The Stockholm stock exchange turned downward on a broad front, in line with major exchanges in Asia and Europe. The reporting companies Alfa Laval and Balder declined, while Storytel, on the other hand, surged after quarterly figures.

Record result for Storytel

Storytel surged on the stock exchange

The Stockholm Stock Exchange, which started the day positively, lost momentum when American inflation statistics were presented in the afternoon. The broad OMXS index then fluctuated just above zero and closed at plus 0.2 percent. In contrast, the audiobook company Storytel rose sharply.

Confusingly difficult to cancel popular subscriptions

It requires eleven steps to successfully cancel Amazon Prime. The giant company is still not the worst in its class when it comes to terminating a service, shows a new report. Everyone uses misleading design in some way to make cancellations more difficult, says Sinan Akdag, digital expert at Sweden's Consumers.