Wednesday, April 29, 2020

Zoom's value is rocketing

Zoom video communications, a famous telecommunication company is rapidly increasing its market value.

Its stock price is now 165 USD, and its market value has reached 30 billion USD, by four fold higher in this half year.

Money Control: Zoom is now worth more than American Airlines, Expedia and Hilton combined

It is obviously because we have to stay home at the COVID-19 pandemic. Now people utilize video conference systems most vitally than ever before.

Zoom was criticized on its vulnerability to wiretapping. Nonetheless, its usability is admired by many people. The fact that even in the current tragic situation some companies are growing encourages us.

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