The streaming service’s subscriber base grew by 1.69m worldwide in the last three-quarter period, reaching 13.8m internationally and 36.2m in the US for a global level of 50.05m.

The company hierarchy said they expected worldwide subscriptions would grow by 3.7m worldwide by the end of September.

By then, Netflix aims to be active in six more European counties including Germany and France.

The news came as Netflix announced second quarter results of $1.15 per share on $1.34bn revenue.

Shares closed up by approximately 1% after trading after shares reached $451.96 before the bell.

Company top brass expected second quarter streaming revenue to amount to $1.224bn, up from $1.15bn this quarter.

Netflix plans to introduce gift cards in stores in the autumn.

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