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Netflix's Global Dominance In 1 Chart

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Netflix's Global Dominance In 1 Chart

Netflix, Inc. (NASDAQ: NFLX) shares are off their Wednesday close slightly heading into the conclusion of Thursday's session, but the stock is still up 143 percent over the past twelve months.

The "surprise" news on investors minds' currently is the company's launch into 130 new countries across the world. Several Wall Street analysts are now more convinced the stock has upside above $130 per share, according to new research.

However, what does Netflix's global footprint look like on paper? A new chart from Statista provides an answer.

chartoftheday_4205_netflixs_global_expansion_n_1.jpg

As Statista's Felix Richter writes, the map above "illustrates that Netflix is now available almost everywhere in the world, with the most notable blind spots being China, Syria and Crimea."

Netflix CEO Reed Hastings recently said the company is in the process of developing a streaming video service for China -- the largest video market in the world -- but added that a timeline for government approval is uncertain.

Posted-In: Felix Richter Netflix Netflix Global StatistaAnalyst Color Long Ideas Tech Trading Ideas Best of Benzinga

 

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