Ed Sheeran has just been named as Spotify's most streamed artist for 2017. His song, "Shape of You," has also been dubbed as the most streamed track on the music platform with 6.3 billion streams.

Sheeran's Divide album is also Spotify's most streamed compilation this year after it was streamed 3.1 billion times.

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The English singer beat Drake and The Weeknd. Luis Fonsi's "Despacito" ranked second, and the song's remix featuring Justin Bieber ranked third on Spotify.

Rounding up the music streaming site's top five tracks are the Chainsmoker's and Coldplay's song, "Something Just Like This," as well as DJ Khaled's "I'm The One." The music mogul's song also featured Bieber, Quavo, Chance the Rapper and Lil Wayne.

Spotify has also named its most streamed female artist worldwide. Rihanna bested Selena Gomez, Demi Lovato, and Taylor Swift this year. Coldplay has also been dubbed as the most streamed band, going ahead of Imagine Dragons and Maroon 5.

Meanwhile, other than his success on Spotify, Sheeran also received two Grammy nominations last week. The 26-year-old "Perfect" singer is nominated in the best pop solo performance category for "Shape of You," as well as the best pop vocal album for Divide.

Unfortunately, he didn't get nominated for the album of the year and song of year categories. During his recent appearance on Ellen's Show Me More Show, host Ellen DeGeneres told Sheeran that she was disappointed to learn that he didn't get nominated in more than two categories.

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Sheeran said that he didn't really mind because he knows that he can't have everything.

"My outlook on it is like, some years you have your year and some years you don't have your year, and maybe this year wasn't my year," said the singer.

DeGeneres told Sheeran that "Shape of You" has been stuck on her head ever since she first heard it.

"But that's the point. That's where you win. That's where the validation comes from, where you actually see people - genuine people - enjoying the songs. I'd rather have, like, a lifetime of people coming up to me... than anything else. I think that's where the validation comes," said Sheeran.

Sheeran won song of the year and best pop solo performance for "Thinking Out Loud" at the Grammy Awards last year. He was also nominated for the record of the year category.