Netflix Expands to 190 Countries
Video-streaming service triples its reach but remains unavailable in China
Netflix Inc. said Wednesday that it had tripled its reach globally by expanding into an additional 130 countries as the video-streaming service took its most aggressive step yet in its plans for international growth.
The announcement, made by Netflix Chief Executive Reed Hastings at the annual Consumer Electronics Show in Las Vegas, boosted the company’s stock price. Shares, up 144% over the past year, rose 9% to $117.68.
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