Zoom App receives rocket revenue amid COVID pandemic

Zoom App
Zoom App

Not only work from home but also study and school from home has reached the app on the top. The company’s(company) profit sky-rocketed to USD 27.0 million compared to USD 0.2 million in the year-ago quarter. When the whole world was under lockdown there was only way out to continue the Service and that was the online mode. People across the country and world used a zoom app to held their regular meetings and conferencing.

On talking with CEO of the company it came to the knowledge that it has surprised it’s all previous record of revenue.
“We were humble by the accelerated adoption of the Zoom platform around the globe in Q1. COVID-19 crisis has driven higher demand for distributed, face-to-face interactions and collaboration using Zoom App.

Use cases have grown rapidly as people integrated Zoom App into their work, learning, and personal lives,” Eric S. Yuan, Founder and Chief Executive Officer of Zoom said in a statement. Further, Mr. Yuan added, “We also supported an unprecedented number of free participants. Including over 1,00,000 K-12 schools around the globe that chose Zoom App to deliver the best online education experience.”

However, the challenging situation has made the app more relevant to all including youths and students. Who continue their education plan through it. Anyway, the session has proven to be a great fiscal session that has provided a greater revenue of all the time. It was also added that the app became more safe and secure as it attracted more use. Which proves to be a security tag for the users?

Still people are using it as schools and offices are not yet fully operational.

Zoom App
Zoom App

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