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Claire Foy, Matt Smith, Vanessa Kirby posing for the camera: Claire Foy, Matt Smith and Vanessa Kirby at the premiere of Netflix's "The Crown" Season 2 Karwai Tang/WireImage


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Claire Foy, Matt Smith and Vanessa Kirby at the premiere of Netflix’s “The Crown” Season 2 Karwai Tang/WireImage

  • Netflix is tripling its total office space in London to around 100,000 square feet, a source close to the deal told Business Insider.
  • Some staff will move to a new office in the city’s West End, the source said, but the company will also retain one of its two existing London offices.
  • The new office space won’t be ready until 2022 at the earliest, according to the source.
  • The streaming giant plans to create jobs in its business operations and original productions, building off the success of its UK productions such as “The Crown,” “Sex Education,” “Rebecca,” and “Too Hot To Handle.”
  • Visit Business Insider’s homepage for more stories.

Netflix plans to triple its London office capacity as it expands its UK operations.

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When Jack Ma launched an obscure payment service to boost his online shopping empire 16 years ago, few expected it to succeed. Now that service forms the backbone of Ant Group, a financial behemoth that could be worth more than $200 billion.



graphical user interface: People visit the INCLUSION Fintech Conference organized by Ant Group and Alipay at Expo Area on September 24, 2020 in Shanghai, China. (Photo by VCG via Getty Images)


© VCG/Visual China Group/VCG via Getty Images
People visit the INCLUSION Fintech Conference organized by Ant Group and Alipay at Expo Area on September 24, 2020 in Shanghai, China. (Photo by VCG via Getty Images)

Named after a bug because of its founder’s belief that “small is beautiful, small is powerful,” Ant Group is anything but tiny in China. It’s gearing up for a highly anticipated public offering in Hong Kong and Shanghai that could mark the second time Ma sets a record for the biggest IPO ever.

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“Ant Group really is the crown jewel of Jack Ma and … of China’s internet industry,” said Edith

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