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Former logo (2014-2022) Zoom was founded by Eric Yuan, a former corporate vice president for Cisco Webex. [6] He left Cisco in April 2011 with 40 engineers to start a new company, [2] originally named Saasbee, Inc. [7] The company had trouble finding investors because many people thought the videotelephony market was already saturated. [7]
Zoom Corporation was founded in Tokyo in 1983 and in 2004, established ZOOM HK LTD as a logistics base in Hong Kong. In 2009, it set up ZOOM Dongguan Corporation (China) as a quality control operation; [3] 2013, formed ZOOM North America, LLC (US) as a distribution base; 2017, listed on Tokyo Stock Exchange JASDAQ (Standard); [4] [5] In 2018, acquired shares of Mogar Music S.p.A. (Italy ...
Eric Yuan started Zoom in 2011 after helping build WebEx. His company is now worth $15.9 billion after its IPO, and Yuan owns about 20%.
Zoom is rebranding, dropping the “Video” from its name and instead pitching itself as an AI company. The video chat company was one of the biggest winners from the pandemic and the move to ...
One of the few stocks that has benefited from the coronavirus pandemic is Zoom, although the stock is now under pressure due to privacy concerns. Zoom stock was up more than 100% this year because ...
Zoom admitted that some calls in early April 2020 and prior were mistakenly routed through servers in mainland China, prompting some governments and businesses to cease their usage of Zoom. [165] The company later announced that data of free users outside of China would "never be routed through China" and that paid subscribers will be able to ...
Zoom Video Communications, Inc. (commonly shortened to Zoom, and stylized as zoom) is a communications technology company headquartered in San Jose, California, United States. It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications, messaging, voice calls, conference ...
For the quarter ended on July 31st, Zoom reported revenue rose 2% to $1.162 billion, with sales growth slowing down for the te Zoom Proves It Is More Than A Pandemic-Only Wonder An Impressive ...