PALO ALTO, U.S. -- Two-thirds of Netflix's subscriber growth came from the Asia-Pacific region in the last quarter, the streaming video giant reported on Tuesday, amid an overall slowdown in new paid users as pandemic-related lockdowns ease around the world.
But while the U.S. entertainment giant sees the region as a bright spot, it faces fierce competition as more content providers roll out streaming services in populous Asian countries where they see strong growth potential.
