The video call application listing has grown to 48.8 billion and has already surpassed that of the seven largest airlines combined.
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Zoom, the popular video calling application that was founded in California, USA in April 2011, has grown like a foam amid the COVID-19 pandemic.
Before the health crisis, the tool founded by Eric Yuan had around 30 million registered users, but more than 200 million in March to add 300 million people who connect to virtual meetings every day.
This increase has led to such an increase in market capitalization that Today it is worth more than the seven largest airlines combined.
The multinational registered income of $ 623 million last year and has increased on the stock exchange 129% in a few months. In accordance with Visual capitalistZoom’s market cap has skyrocketed $ 48.8 billion twice as much as Twitter and Snapchat.
Together, this number exceeds the seven major airlines in the world (Southwest Airlines, Delta, United, International Airlines Group, Lufthansa, American Airlines and Air France), which are affected by the lack of passenger and flight services.