![]() ![]() To try to illustrate just how fast Zoom has grown on the heels of the coronavirus pandemic, Business Insider created the following five charts. Halfway through its fiscal year, Zoom just reported on Monday what analysts described as a "historic" quarter that smashed Wall Street expectations and highlighted just how meteoric it's rise has been through 2020. ![]() ![]() While many of those new users stick to shorter Zoom-sessions through its free tier - and Zoom also offered users in China and K-12 schools free usage early on in the pandemic - the company is still raking in plenty of paying customers, too. And it wasn't only companies using it to communicate with their employees and customers: As shelter-in-place mandates forced everyone to stay home, people started using Zoom for weddings, happy hours, online classes, and more. Suddenly, remote work became the norm, and video conferencing became essential. While Zoom has been popular in Silicon Valley for years, the pandemic transformed it into household name. When CEO Eric Yuan founded the company in 2011 after years working for now-rival Cisco WebEx, he aimed to make a corporate video conferencing tool that was simple and enjoyable to use. Video conferencing platform Zoom's has experienced a meteoric rise this year, with stunning growth numbers that make it one of the top corporate beneficiaries of the coronavirus crisis. These five charts illustrate just how fast Zoom has grown on the heels of the coronavirus pandemic:.The company's revenue jumped $355% in Q2, it dramatically raised full-year guidance, and it's stock price has more than quadrupled over the year.Zoom is now halfway through its fiscal year, and its first two quarterly reports revealed what analysts described as "historic" growth, as it soared past analyst expectations.Video conferencing platform Zoom's has experienced a meteoric rise this year, as shelter-in-place mandates keep people apart and remote work became the norm.
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