Trade Zoom Video Communications
Video Zoom Communications, Inc. (or simply Zoom) is an American telecommunicationtechnology company based in San Jose, California. It provides video, video and online chat services through a peer-to-peer cloud-based software platform and is used in remote conferencing, remote work, distance education, and social relations. Eric Yuan, a former Cisco executive engineer, founded Zoom in 2011 and launched his program in 2013. Zoom's strong revenue growth, ease of use and reliability in its software led to a $1 billion valuation in 2017, making it a unicorn company. The company became the first to win in 2019 and completed an initial public offering that year. The company joined the NASDAQ-100 index on April 30, 2020. Beginning in early 2020, the use of Zoom software has increased significantly following the introduction of quarantine measures adopted in response to the COVID-19 epidemic. Its software products have faced public and media scrutiny regarding security and privacy issues. Part of the task force is located in Zum, China, raising concerns about surveillance and censorship.