Reed Hastings, co-founder and CEO of Netflix, delivers a keynote address at the 2016 CES trade show in Las Vegas, Nevada January 6, 2016. REUTERS/Steve Marcus
Netflix Inc’s video-streaming service went live in more than 130 countries on Wednesday, covering almost the entire globe except China, in a huge global push by Chief Executive Reed Hastings to counter slowing growth in the United States.
Shares of the company, whose popular shows include “Unbreakable Kimmy Schmidt”, “Daredevil” and “Narcos”, jumped 9.3 percent to close at $117.68.
India, Nigeria, Russia and Saudi Arabia were among the major countries where the service was launched, Hastings said …read more