Zoom’s revenue shoots up by 367% as world embraces virtual meetings

BENGALURU: Video conferencing platform Zoom reported a total revenue of $777.2 million for the ended October 2020, up a whopping 367 per cent year-over-year, as global demand for online meeting solutions soared.

The start-up said in a statement that the total number of its customers with more than 10 employees stood at 433,700, higher by 485 per cent YoY and the number of customers contributing more than $100,000 in revenue rose by 136 per cent.