Zoom’s video-meeting service has become a popular way to work or socialise as people worldwide hunker down due to Covid-19. – EPA pic, June 3, 2020.
ZOOM yesterday reported that its earnings soared, as its video-meeting service becomes a popular way to work or socialise while hunkered down due to the Covid-19 pandemic. The company said it made a profit of US$27 million on revenue that leapt 169% to slightly more than US$328 million in the first three months of the year.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: