Netflix's Asia-Pacific business has biggest gains over the past three years

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Streaming giant Netflix is accelerating its growth overseas, with its Asia-Pacif...

FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson

In an 8-K filed on Monday, the company provided details on its international business ahead of its January fourth-quarter earnings report, which will disclose revenue and membership by region for the first time. In the Asia-Pacific region - the company’s smallest - revenue was up 153% from the end of the third quarter of 2017 to the end of the third quarter of 2019. Membership grew 148% in the period.

Source: News Formal (newsformal.com)

 

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