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    Home » CEO of Zoom Video Communication raised $ 4 billion, know what
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    CEO of Zoom Video Communication raised $ 4 billion, know what

    Archana SharmaBy Archana SharmaSeptember 1, 2020Updated:September 1, 2020No Comments
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    CEO of Zoom Video Communication raises $ 4 billion, know what is the reason
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    • On Monday, the company’s second-quarter results saw a rise in the company’s earnings, shares rose 26 percent
    • The company’s Ceo Networth surpassed $ 20 billion, a 4 percent increase in assets
    Zoom Video Communication CEO Eric Yuan net worth rise USD 4 billion

    The assets of Zoom Video Communications CEO Eric Yuan on Monday saw an increase of more than $ 4 billion. Eric Yuan Networth’s wealth now exceeds $ 20 billion. According to foreign media reports, the company’s shares in the US markets had seen a tremendous rise in the coming of quarterly results of the company, which has benefited from the wealth of the CEO of the company. Let us also tell you how much Eric Yuan’s wealth has become and what kind of figures the company has presented in the quarterly results.

    Also read: RIL to strengthen after deal with Future Group, 144% return in 6 months

    CEO assets increase
    On Monday, Zoom Video Communications CEO Eric Yuan’s assets rose by $ 4.2 billion. After which the total CEO’s net worth has exceeded ü 20 billion dollars. In the US markets, the company’s shares had increased by 26 percent, due to which the price of the company’s shares reached $ 410. The increase in shares also led to a jump in the CEO’s net worth.

    Also read: Government to bid before Supreme Court, loan moratorium may extend for 2 years

    The company had released quarterly results

    Zoom Video Communications shared its findings for the second quarter of the current financial year ended July 31, which saw a $ 66.35 million jump in earnings as year-on-year amid restrictions imposed by Covid-19. There has been an increase of 355 per cent in new consumers joining it. Zoom said at the end of the second quarter on Monday that it had about 370,200 consumers with more than ten deficiencies, a 458 percent increase over the same period last fiscal.

    355 percent increase in income

    Zoom founder and CEO Eric Yuan said in a statement that our ability to connect people around the world, taking care of every detail on our platform, increased income by 355 percent year-on-year in the second quarter. As more and more people have used the platform to connect among the restrictions imposed due to Covid-19, its revenue has increased by about $ 237-239 million and by 281% increase over the last year. It has increased by 284 percent.

     

    Source: www.patrika.com

    #CEO #Zoom #Video #Communication #raised #billion

    Eric Yuan Networth market news Market News in Hindi Market Samachar Zoom Video Communication Zoom Video Communication income Zoom Video Communication Quater Result Zoom Video Communication Share Price
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    Archana Sharma
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