iPhone | iPad
Android
Huawei
Second quarter net operating income of Dh6 million compared to Dh24 million in Q1 2022 mainly due to lower trading revenues; Net loss attributable to shareholders of Dh170 million in Q2 2022 compared to net income of Dh6 million in Q1 2022
KT APPDOWNLOAD
Netflix launches first online store, company will sell merchandise from shows
Washington - Collectibles from Stranger Things, Lupin and other popular shows to be sold online
Netflix Inc (NFLX.O) will launch an online store to sell limited-edition apparel, lifestyle merchandise and collectibles based on Stranger Things, Lupin and other popular shows, the streaming giant said on Thursday.
Netflix.shop will be available in the United States starting on Thursday and expand to other countries in the coming months, Netflix said in a blog post.
The video streaming pioneer is facing a growing list of competitorsoffering their own streaming services with new movies and TV shows. In April, Netflix fell short of Wall Street projections for new subscribers.
The online store offers a new source of revenue for Netflix and expands its product line beyond the items it sells through partenrs such as Target Inc (TGT.N) and Walmart Inc (WMT.N).
Merchandise in the online shop will be "carefully selected high-quality apparel and lifestyle products," the company said.
Items debuting this month include streetwear and action figures based on anime series Yasuke and Eden, and apparel and decorative items inspired by French crime thriller Lupin, Netflix said. The Lupin products were developed with the Louvre museum.
The company plans to introduce products based on hit series The Witcher and Stranger Things and Netflix logo-wear from Japanese fashion house BEAMS.
Netflix has also created video games based on shows Stranger Things and La casa de Papel (Money Heist).
Shares of Netflix rose 0.4% to $487.72 in afternoon trading on Nasdaq.
Reuters
More news from Business
The UAE, the company’s largest market, saw high growth in merchant payments processed from domestic consumers at 20 per cent year on year, and payments from international visitors growing 92 per cent
The company's strong balance sheet will support the company’s growth strategy, including investments in digital and technological infrastructure as well as its active merger and acquisition pipeline
The company’s revenue increased 31 per cent to Dh1.041 billion as compared to Dh792 million in first half of 2021 while its operating costs dropped 16 per cent
Kashkari sticks to his view of 3.9% Fed funds rate at end-2022; Evans sees 3.4% policy rate this year; Both push back on market expectation for rate cuts next year; Inflation, employment data to determine size of Sept rate hike
Approval would save time, money on Asian routes; Q2 net profit $100m versus loss of $81m a year ago; Revenue up sharply, but still below Q2 in 2019
The transaction includes solar power projects in Turkey’s Karapanar and Gaziantep regions and a wind power project in Ankara
The five-year contract was awarded by Adnoc Offshore to Adnoc Logistics and Services (Adnoc L&S) and underpins the world-class capabilities within Adnoc’s group companies