Netflix market value crosses $100 billion for the first time

American video streaming service Netflix's market capitalisation surpassed $100 billion for the first time on Tuesday, making it more valuable than Goldman Sachs and Qualcomm. The company's market value reached as high as $107 billion after its fourth-quarter results were announced. Netflix said it added 8.33 million subscribers in the quarter bringing its global total to 117.6 million.