COVID-19: Zoom earnings soar as video meetings become normal

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COVID-19: Zoom earnings soar as video meetings become normal
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Kaduna State Governor, Nasir El-Rufai during a virtual meeting with members of his cabinet Zoom on Tuesday reported that its earnings soared as its video-meeting service became a popular way to work

or socialise while hunkered down due to the coronavirus pandemic.

“The COVID-19 crisis has driven higher demand for distributed, face-to-face interactions and collaboration using Zoom,” founder and chief executive Eric Yuan said in a release. “It’s a reminder that Zoom is seeing an unusual spike during what we hope will be a relatively short term event,” independent tech analyst Rob Enderle said.

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