Netflix continues to hit historic highs! The ad-supported subscription plan has reached 70 million monthly active users globally.
On the news front, Netflix stated that the ad-supported subscription plan currently has 70 million monthly active users globally, almost doubling from the 40 million reported in May of this year.
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U.S. stocks on the move | Netflix (NFLX.US) continues to hit record highs, with a global monthly active user base of 70 million for its ad-supported subscription plan.
On Tuesday, Netflix (NFLX.US) opened slightly higher, hitting a new all-time high. As of the time of writing, it rose by over 1%, reaching $815.78.
Netflix (NFLX.US) subscription plan supported by advertising reaches 70 million monthly active users.
Netflix (NFLX.US) stated that two years after the launch of its low stock price, ad-supported subscription plan, the global monthly active users have reached 70 million. The company mentioned that over 50% of the new registered users subscribed to the ad-supported plan in countries or regions where the option is available. Netflix also noted that all business segments continue to show positive momentum and growth, with steady progress in the number of memberships in all countries. Last month, Netflix announced that the third quarter saw an increase of 5.1 million subscription users, exceeding market expectations, with the total number of members reaching 0.283 billion.
Express News | Netflix has launched an ad-supported user subscription plan for two years, during which the global monthly active users reached 0.07 billion.
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Express News | Netflix: Ad-Supported Streaming Service Reaches 70 Mln Monthly Active Users Globally
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Hong Kong stock market morning report on November 12: US stocks closed higher, with most China concept stocks strengthening. Hong Kong Exchanges and Clearing will continue to optimize the Shanghai-Hong Kong Stock Connect.
① COP29 opened in Azerbaijan. ② The Hong Kong Stock Exchange stated that it will continue to optimize the Shanghai-Hong Kong Stock Connect trading mechanism and related services, continuously improve the Bond Connect and Swap Connect arrangements. ③ The three major US stock indexes collectively closed higher last night, with most China concept stocks strengthening. ④ Japan intends to introduce a ¥10 trillion support policy for semiconductors and artificial intelligence. ⑤ Bitcoin broke through $0.088 million.
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① Most of the china concept stocks are up, nasdaq China Golden Dragon Index rose by 0.59%; ② MicroStrategy bought another 0.0272 million bitcoin; ③ Musk played a key role in the formation of Trump's future team; ④ US regulatory authorities have launched an investigation into honda motor.
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