Question

how did covid19 impacted the company Zoom's profit

Answer 1

Covid 19 has brought catastrophe to multiple businesses but for some like Zoom it has turned out to be a boon with offices,schools ,colleges closed the demand for video conferencing, virtual meeting sky rocketed as more and more people working from home which led to significant increase in demand for Zoom platform even so that it emerged as the preferred option amongst the business setups leading to revenues and profits growing multifolds.Though there was some concerned was raised about security issues but that still did not deter the demand and has turned out to be very fruitful for Zoom.