'Despacito' is the most streamed song of all time

Luis Fonsi and Daddy Yankee's Latin hit reached 4.6 billion streams on streaming services on July 19.

Universal Music Latin Entertainment confirmed that the original song and the Remix version of Despacito have surpassed the record of Sorry - Justin Bieber (4.38 billion streams) and Shape Of You - Ed Sheeran (4.07 billion streams).

Despacito also reached 2.6 billion views on Youtube. The song is expected to surpass the achievements of Gangnam Style - Psy (2.9 billion views) and See You Again - Charlie Puth and Wiz Khalifa (2.93 billion views).

Luis Fonsi said he was surprised by the success of Despacito. When writing Despacito, Luis simply wanted to create a song that people could dance to.

Daddy Yankee (left) and Luis Fonsi.

Lucian Grainge - Chairman and CEO of Universal Music Group - rated Despacito as an excellent hit in 2017. He said that online music streaming serviceslike Spotify,Apple Music... has contributed to this success. He believes that opportunities for artists from non-English speaking countries are opening up.

Despacito is a musical product of two Puerto Rican artists - Luis Fonsi and Daddy Yankee. The song was co-written by Luis Fonsi, Erika Ender and Daddy Yankee. Despacito quickly became a phenomenon thanks to its catchy Latin Pop and urban music melody. The song was highly appreciated by critics.

The Despacito music video reached one billion views in 97 days since its release in January, second only to Adele's Hello. The song then reached two billion views, becoming the fastest music video to reach this milestone (more than 150 days).

According to VNE