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Netflix crosses US$100b market capitalisation as subscribers surge

It is building its customer base in 190 countries by spending billions on programming

Netflix picked up 6.36 million subscribers in international markets from October through December, when it released new seasons of Stranger Things and The Crown (above).

Los Angeles

NETFLIX Inc snagged two million more subscribers than Wall Street expected in the final three months of 2017, tripling profits at the online video service that is burning money on new programming to dominate Internet television around the world.

The results drove...

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