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  • Sun. Nov 3rd, 2024

Why Zoom has become the darling of remote workers during the COVID-19 crisis

Byindianadmin

Mar 22, 2020 #Covid-, #crisis

Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., center, celebrates during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Zoom reported net income of $7.6 million on revenue of $331 million for the year ended January, and is now worth nine times the $1 billion valuation it secured after a funding round two years ago.

Victor J. Blue | Bloomberg | Getty Images

With people across the country stuck indoors as the coronavirus spreads, they’re turning to video calls to chat with friends, family members, colleagues, classmates and customers. There are any number of free services at their disposal, but Zoom is increasingly the one they’re choosing.

Zoom sits atop Apple’s rankings of the most popular free apps in dozens of countries, according to data from

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