Zoom

Nationality
American

CEO
Eric Yuan

Sector / Main Business Area
Zoom Video Communications is an American communications technology company famous for its cloud-based videoconferencing and online chat services. It is NOT to be confused with Zoom Technologies (which is a Boston-based networking equipment manufacturer). You may laugh, but investors got it tragically wrong when they invested in the wrong Zoom early on in the coronavirus outbreak and sent the share price (mistakenly) through the roof!

Listed / Private
Listed

Competitors
Include Slack, Microsoft, BlueJeans (which was bought by Verizon in May 2020)

Fun fact(s)/Brand(s)
Zoom was only formed in 2011 and became a “unicorn” in 2017. Profitability came in 2019 before its subsequent IPO

Last reviewed/edited
11th Nov 2020 PW

 

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