'Despacito' is the most streamed song of all time.

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

Universal Music Latin Entertainment has confirmed that the original and remix versions of Despacito have surpassed the records of Justin Bieber's Sorry (4.38 billion streams) and Ed Sheeran's Shape Of You (4.07 billion streams).

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

Luis Fonsi shared that he was very 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, considers Despacito a major hit of 2017. He believes that online music streaming services...like Spotify,Apple Music...contributed to this success. He believes that opportunities are wide open for artists from non-English speaking countries.

Despacito is a musical creation by 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 captivating Latin Pop and urban music style. The song was highly praised by critics.

The Despacito music video reached one billion views in 97 days since its release in January, second only to Adele's Hello. Following that, the song reached two billion views, becoming the fastest music video to achieve this milestone (in just over 150 days).

According to VNE