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?!
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
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.
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »
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...
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »
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.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »
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...
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »