Zoom isn’t the only pandemic darling going through an identity crisis. Companies such as Shopify Inc, Peloton Interactive Inc and Netflix Inc that were on top of the locked-down world have been battered by tumbling shares and had to adjust their strategy, prices and expectations. — AFP
Zoom Video Communications Inc is navigating life after the pandemic by acting like the past two years never happened.
As the world shut down in 2020, its corporate videoconferencing app became a household name, delivering quarter after quarter of triple-digit growth in part by attracting millions of regular people and small businesses. Zoom seemed destined to become a consumer tech titan.
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