iflix News of 10/23/19
How Bongo, The ‘Netflix Of Bangladesh’, Won The Local Video Streaming Market With Just $10m
Thousands of miles away from the U.S., where technology giants, cable networks, and studios are locked in an intense multi-billion dollar battle to court users to their video streaming services, a startup in Bangladesh has already won the local ...
Indonesia’S Ride-Hailing Giant Gojek Launches Video Streaming Service GoPlay
On-demand video streaming giant Netflix, which is increasingly expanding its footprint in developing markets , now has a new competitor in Indonesia: Gojek. The Indonesian ride-hailing giant on Thursday launched a video streaming service called ...
Streaming Video Service Iflix Raises More Than $50 Million Led By Fidelity International As It Prepares To Go Public
Iflix , the streaming video service that competes with Netflix in Southeast Asia and other emerging markets, announced today that it has raised a new round of funding led by Fidelity International, with participation from returning investors Catcha ...
Netflix Rival Iflix Offloads Its Africa Business To Focus On Asia
Iflix, the emerging market Netflix competitor that’s backed by Sky , is leaving Africa to double down on its business in Asia. The Malaysia-based company announced today it has sold the remaining shares in its Africa business — Kwesé ...
Netflix Rival Iflix Launches $5m Search For Up-And-Coming Filmmakers In Asia
Netflix is increasing its efforts in Asia after it commissioned more local content and began testing more aggressive price points , but one local rival is hitting back with a program to spotlight promising creators in the region. ...
Netflix Is Testing A Mobile-Only Subscription To Make Its Service More Affordable
Netflix is testing a cut-price mobile-only subscription as it explores new packages aimed at widening its appeal in Asia and other emerging markets. CEO Reed Hastings told Bloomberg last week that the company would test lower-priced packages ...