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Netflix Goes Global, Reaches Most Countries Except China


Ron Burgundy
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Reed Hastings, co-founder and CEO of Netflix, speaks during a keynote address at the 2016 CES trade show in Las Vegas,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 at a speech at the Consumer Electronics Show in Las Vegas.




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