Oct.28.2020, Shanghai
Source: Netflix, CNBC

Netflix, the leading streaming entertainment service provider, has released its third-quarter 2020 financial results by posting them to its website netflixinvestor.com.
In the Q3 results, the APAC region was the largest contributor to the  paid membership growth this quarter (46% of Q3 global paid net adds) and APAC revenue rose 66% year over year. The company are pleased with the progress making in this region and, in particular, that they achieved double digit penetration of broadband homes in both South Korea and Japan. The report said the company still have much work to do and already working hard to replicate this success in India and other countries.

Source: Forbes, Forrester

Covid-19 affected the Asia Pacific first, the research and advisory firm Forrester expects the region will also emerge from the crisis first in 2021, before Europe and the US. Under the relentless pressure of new customer realities, the future is now in focus: The value of your company depends on how customer-obsessed, resilient, creative, and adaptive you are in jumping to the next growth curve in your industry. In 2021, businesses will further accelerate the pace of their digital activities, because they must.

Source: CNBC, Reuters, MOPA
Oct.16.2020
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"China's economic recovery will lift surrounding Asian economies to a certain extent," Chao, global market strategist for the Asia Pacific at the firm, told CNBC's "Street Signs Asia" on Monday.
​In particular, the focus is on "whether the Chinese consumer can quickly return back to normalized activity," Chao said. "I think that the Chinese will have much more impact … on boosting other Asian economies."​

The risk-off mood contrasted with earlier resilience for Asian markets. They recovered losses after Chinese data showed exports rising 9.9% in September and imports swinging to a 13.2% gain versus a 2.1% drop in August. The recent data showed that China has 637 million traveling visits during the National Holidays 2020, additionally, the 150 tourist places in Shanghai served 0.95 million visits, which is a nice growth compared with 2019.