Company

Zoom Video Communications, Inc.

Headquarters: San Jose, CA, United States

Founded: April 21, 2011

Employees: 6,787

CEO: Mr. Eric S. Yuan

show_chart NASDAQ: ZM +2.46%

Market Cap

$33.22 Billion

USD as of April 1, 2022

history Market Cap History

Company Description

Zoom Video Communications, Inc., more simply known as Zoom, is a communications technology providing HD video, voice, chat, and content sharing. Through its cloud-based peer-to-peer software, Zoom users around the world can benefit from a number of applications including teleconferencing, telecommuting, distance education, and social relations on any internet-connected device.

Zoom Video Communications, Inc. market capitalization over time

Evolution of Zoom Video Communications, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Zoom Video Communications, Inc.

Detailed Description

Zoom Video Communications, Inc. provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices. It also provides Zoom Rooms, a software-based conference room system; Zoom Hardware-as-a-Service allows users to access video communication technology from third party equipment; Zoom Conference Room Connector, a gateway for SIP/H.323 endpoints to join Zoom meetings; Zoom Events, which enables users to manage and host internal and external virtual events; OnZoom, a prosumer-focused virtual event platform and marketplace for Zoom users to create, host, and monetize online events; and Zoom Webinars to provide video presentations to large audiences from many devices. In addition, the company offers Zoom Developer Platform that enables developers, platform integrators, service providers, and customers to build apps and integrations using Zoom's video-based communications solutions, as well as integrate Zoom's technology into their products and services; Zoom App Marketplace, which helps developers to publish their apps, as well as third-party integrations of Zoom; and Zoom Contact Center, an omnichannel contact center solution. It serves individuals; and education, entertainment/media, enterprise infrastructure, finance, government, healthcare, manufacturing, non-profit/not for profit and social impact, retail/consumer products, and software/Internet industries. The company was formerly known as Zoom Communications, Inc. and changed its name to Zoom Video Communications, Inc. in May 2012. The company was incorporated in 2011 and is headquartered in San Jose, California.

Wikipedia Introduction

Zoom Video Communications, Inc. (commonly shortened to Zoom, and stylized as zoom) is an American communications technology company headquartered in San Jose, California. It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications (Meetings), messaging (Chat), voice calls (Phone), conference rooms for video meetings (Rooms), virtual events (Events) and contact centers (Contact Center), and offers an open platform allowing third-party developers to build custom applications on its unified communications platform (Developer Platform). Eric Yuan, a former Cisco engineer and executive, founded Zoom in 2011, and launched its software in 2013. Zoom's revenue growth, and perceived ease-of-use and reliability of its software, resulted in a $1 billion valuation in 2017, making it a "unicorn" company. The company first became profitable in 2019, and completed an initial public offering that year. The company joined the NASDAQ-100 stock index on April 30, 2020. Beginning in early 2020, Zoom's software usage saw a remarkable global increase after quarantine measures were adopted in response to the COVID-19 pandemic. Its software products have faced public and media scrutiny related to security and privacy issues.

Source: Wikipedia, retrieved on March 31, 2022, 9:08 p.m.

Stocks & Indices

Zoom Video Communications, Inc. has the following listings and related stock indices.


Stock: NASDAQ: ZM

Stock: BCBA: ZM

Stock: BCBA: ZMD

Stock: BMV: ZM

Stock: Bovespa: Z1OM34

Stock: FSX: 5ZM

Product & Services

VideotelephonyOnline chatBusiness telephone systems

Key People

Founder(s): Eric Yuan

Eric Yuan (Chairman & CEO) Kelly Steckelberg (CFO) Peter Gassner (Director) Janine Pelosi (CMO)

Financials

Revenue: US$2.7 billion (2021)

Operating income: US$660 million (2021)

Net income: US$672 million (2021)


Total assets: US$5.3 billion (2021)

Total equity: US$3.861 billion (2021)

Details

Headquarters:

55 Almaden Boulevard

6th Floor

San Jose, CA 95113

United States

Phone: 888 799 9666