iWorld
Netflix ends 2021 with 222 million global subscribers
Mumbai: Netflix has announced its financial results for the fourth quarter of 2021. The company reported revenue of $7.7 billion registering a growth of 16 per cent year-on-year.
The streaming giant added 8.3 million global paid subscribers in Q4 bringing its paid memberships up to 222 million at the end of 2021.
It reported full year revenue of $30 billion – a growth of 19 per cent year-on-year while operating income of $6.2 billion rose 35 per cent YoY. Netflix added 18 million subscribers in 2021 compared to 37 million subscribers in 2020. The company observed that more than 90 per cent of its paid net adds in 2021 came from outside the US and Canada (UCAN).
Netflix added 2.6 million paid subscribers from the APAC region with strong growth in both Japan and India. It generated $871 million in revenues from the APAC market with a subscriber base of 32.63 million, and reported 1.2 million paid adds from the UCAN region, 2.5 million from the EMEA region and 1.0 million from LATAM region.
“In December, we lowered our prices in India across all four plans. India is fairly unique because pay TV pricing is very low. We believe these new prices will make Netflix more accessible to a broader swath of the population – strengthening our value perception. Our goal is to maximize long term revenue in each of our markets,” it said in a statement.
e-commerce
Samsung Galaxy S26 series now available for instant delivery on Instamart
AI powered flagship phones start at Rs 87,999 with launch offers up to Rs 9,000.
MUMBAI: In the age of quick commerce, even flagship smartphones are learning to arrive at your doorstep at lightning speed. Instamart has partnered with Samsung to make the newly launched Galaxy S26 series available for instant purchase on the quick commerce platform, expanding the category beyond groceries and daily essentials into premium consumer electronics.
The Galaxy S26 lineup, which includes the S26 Ultra, S26+ and S26, is now available across several major Indian cities including Bangalore, Mumbai, Delhi, Hyderabad, Chennai, Kolkata, Ahmedabad and Pune, among others.
The flagship series introduces several new features, led by what Samsung describes as the world’s first built in Privacy Display on a smartphone, available exclusively on the Galaxy S26 Ultra. The display is designed to enhance privacy while unlocking a new class of screen experiences.
The devices also integrate agentic artificial intelligence designed to quietly manage routine tasks in the background, allowing users to focus on more meaningful interactions with their device.
Positioned as a major step forward in AI powered smartphones, the Galaxy S26 Ultra also introduces enhancements in areas such as nightography photography and Photo Assist tools, aimed at improving low light imaging and AI driven creative editing.
Through the partnership, Instamart is extending its quick commerce proposition to high value electronics, allowing customers to order the Galaxy S26 series and receive it almost instantly once sales go live.
The Galaxy S26 series will be available starting at Rs 87,999. As part of the launch offers on Instamart, customers can avail an instant discount of up to Rs 9,000 using an HDFC Bank credit card. Buyers can also opt for No Cost EMI options for up to 9 months.
The move reflects the growing overlap between quick commerce and consumer electronics, as platforms race to deliver not just groceries but also premium technology products with the same promise of speed and convenience.
