PETER GRIFFIN: Zoom will struggle to profit from its coronavirus boost

Thu, 09 Apr 2020

Who’d have thought when we departed for our Christmas holidays that a quarter of the way through 2020 we’d be Zooming five or six times a day?That’s the new reality for many of us, though we could just have easily been Skyping instead. Microsoft’s missteps since buying the world’s most popular voice and video calling app in 2011 for US$8.5 billion opened the door for Zoom to become a household name.Nasdaq-listed Zoom’s share price is up around 65 percent for the year. In an update to customers on April 1, Zoom billionaire co-founder Eric Yuan r...

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