Netflix seeing strong subscriber growth in Asia, Latin America

Washington: Netflix is seeing rapid subscriber growth in regions including Asia and Latin America as it girds for tougher competition in the streaming market, newly detailed figures show.

In a regulatory filing this week, Netflix offered the first detailed look at its finances from various regions around the world,

The figures showed nearly 14.5 million subscribers in the Asia-Pacific region at the end of September, representing growth of more than 50 percent over the previous 12 months.

The region including Europe, the Middle East and Africa had some 47 million paid subscribers, up 40 percent year-over-year, in the largest segment outside North America.

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