Videoconferencing company Zoom priced its IPO at $36 a share, above of its already increased range and valuing the business at $9.2 billion.
Founded in 2011 by former Webex head engineer Eric Yuan, Zoom has surged in popularity in a crowded market by providing software that works easily across devices and by groups ranging from small teams to large enterprises. Sales jumped 118 percent last year to $330.5 million, and the company reported net income of $7.58 million.
$9.3b cap? I don't think so.
Is some making a profit?!
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Pinterest and Zoom to Test IPO Market After Lyft’s StumbleA pair of technology unicorns will launch themselves into the public markets Thursday, hoping the messy recent debut of Lyft Inc. is in the rearview mirror.
Fuente: WSJ - 🏆 98. / 63 Leer más »
Zoom Video IPO: 5 things to know about the videoconferencing companyZoom Video Communications Inc. in the coming week plans to join an already active season of initial public offerings as the videoconferencing company and is...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
IPO market faces biggest week of 2019 so far with Pinterest, Zoom and Greenlane on tapThe initial public market is bracing for its biggest week of the year so far with eight deals on tap expected to raise $2.5 billion in proceeds.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
Zoom Video IPO: 5 things to know about the videoconferencing companyZoom Video Communications Inc. in the coming week plans to join an already active season of initial public offerings as the videoconferencing company and is...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »