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Stock impact report

Disney+ Is Already Crushing Netflix in This Key Market [The Motley Fool]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: The Motley Fool
Disney+(NYSE:DISThe five-month-old streaming service now has 0 million members after launching in Europe and India over the last two weeks, up from about0 millionconsumer discretionaryclosureHowever, the most impressive part of Disney+'s blockbuster growth may be that the company has already signed up 8 million subscribers in India, a key growth market, less than a week after its launch.Image source: Hotstar.The world's biggest democracyIndia has an estimated population of .7 billion and will soon pass China as the world's most populous country. As a communist country, China has famously walled itself off to American tech companies, including streamers likeNetflixNASDAQ:NFLXAccording to the International Monetary Fund, India is the world's fifth biggest economy by GDP but is growing faster than Western economies.  Some forecasters, including the British bankStandard CharteredAmazonNASDAQ:AMZNWalmartAppleHowever, in the streaming battle, Disney appears to have the edge. Netflix, the gl Show less Read more
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