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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]
Eric S Yuan [5] (Chinese: 袁征; pinyin: Yuán Zhēng; born 20 February 1970) is a Chinese-American billionaire businessman, engineer, and the chief executive officer and founder of Zoom Communications, of which he owns 22%. [6] [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 ...
In a blog post, Zoom Video Communications Inc explained why it will now be known simply as the AI-first company "Zoom Communications Inc."
Following a slew of of high-profile IPOs, Zoom is emerging as a different type of unicorn: a profitable one. Zoom, video-conferencing company, soars in its market debut Skip to main content
Zoom, the wildly successful video chat service that has been a ubiquitous feature of life during the COVID-19 pandemic, said that it shut down three accounts at the request of the Chinese ...
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 ...
Shares of Zoom jumped in after-hours trading Monday after the company said it expects to rake in stronger-than-expected earnings in the rest of this fiscal year.