Netflix gains 4.8 million subscribers in APAC in one year
The video-streaming service recorded a 53 per cent jump in subscribers in the third quarter, ending September
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Published: Dec 18, 2019 7:52 AM | 1 min read
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Netflix, the American video-streaming giant, has revealed its region-wise subscriber growth for the first time.
The newly-revealed data shows that the APAC or Asia-Pacific region, which comprises India, Indonesia, Thailand, Philippines, Malaysia, Singapore, Vietnam, South Korea, Japan, New Zealand and Australia, has recorded the maximum year-on-year growth.
India figures prominently in the list of key markets for Netflix, which is the largest video-streaming company in the world.
In the last financial quarter, the Asia-Pacific region has recorded maximum revenue and membership growth across markets. The video-sharing platform garnered 4.8 million users in the APAC region by September end, taking the total number to 14.488 million subscribers in the region. It has recorded a 53 per cent jump in subscribers in the third quarter.
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