Does the Zoom boom mean doom for every other chat room?
It’s been hailed as the Google of video-conferencing, with millions using it in lockdown, but its rivals are circling
“Are you free to Zoom later?”
It is a question millions of people have been asking during lockdown. The video conferencing app has achieved every marketer’s dream, rapidly entering common parlance like “Google it”.
The company, founded by Eric Yuan, who is also its CEO, has soared in value in a short space of time during lockdown, its share price trebling since the start of the year to $210 (about R3,500). Its valuation now sits at $61bn (about R1-trillion)...