How Bongo, the ‘Netflix of Bangladesh,’ won the local video streaming market with just $10M

Bangladesh’s largest video streaming service is expanding, profitable and open for buyout talks Manish Singh 1 day 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 […]

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 Group, Hearst, Sky and EMC. The Malaysia-based company did not disclose the amount of the round, but said […]

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 and it hasn’t taken long for those experiments to come to light. The first reports are from Malaysia, […]