Capitalization Zoom doubled during coronavirus and exceeded $ 50 billion


    According to  Bloomberg , the capitalization of Zoom, which provides the opportunity to organize online conferences, has doubled in the months of the pandemic, and its size currently exceeds $ 50 billion: 

    On May 29, the company's shares soared 9.7%, and the value of one share was $ 179.48. Bloomberg analysts explain this increase by expecting a very promising financial report of the company, which is scheduled for June 2. 

    Also according to the Bloomberg Billionaires Index, Zoom CEO Eric Yuan earned $ 800 million on May 29, and his current fortune is $ 9.3 billion.  

    See also  Car sales in Europe collapsed by 78%

    Related News

    Go up

    We use cookies to understand how you use our website and to improve your experience. This includes personalizing content and advertising. By continuing to use our site, you accept our use of cookies.