Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Despite setbacks, states are still counting on offshore wind

    November 30, 2023

    US targets banks’ billions of dollars in overdraft fees

    November 30, 2023

    £20,000 reward in hunt to track down attacker who stabbed police officer

    November 30, 2023
    Facebook Twitter LinkedIn
    Trending
    • Despite setbacks, states are still counting on offshore wind
    • US targets banks’ billions of dollars in overdraft fees
    • £20,000 reward in hunt to track down attacker who stabbed police officer
    • An unruly OPEC is causing problems for Russia and Saudi Arabia
    • Nvidia CEO Jensen Huang says AI will be 'fairly competitive' with humans in 5 years
    • After being diagnosed with breast cancer at 22, she wants young women to know their risk
    • Bailey Zappe leads QBs, Mac Jones sits out at start of Patriots practice Wednesday
    • What to do instead of college: 6 alternatives to consider
    Facebook Twitter LinkedIn
    Business KhabarBusiness Khabar
    • World
    • Auto
    • Business
      • Industries
      • Opinion
    • Market
    • Money
      • Finance
      • Insurance
      • Investment
      • Schemes
    • Sports
    • Other
      • Stories
      • Career
      • Entrepreneurship
      • Property
    Business KhabarBusiness Khabar
    Home » CEO of Zoom Video Communication raised $ 4 billion, know what
    Business

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

    Archana SharmaBy Archana SharmaSeptember 1, 2020Updated:September 1, 2020No Comments
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    CEO of Zoom Video Communication raises $ 4 billion, know what is the reason
    Share
    Facebook Twitter LinkedIn Pinterest Email

     

    • 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
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Archana Sharma
    • Website

    Related Posts

    US targets banks’ billions of dollars in overdraft fees

    November 30, 2023

    What to do instead of college: 6 alternatives to consider

    November 30, 2023

    Nottingham City Council effectively declares bankruptcy over 'significant gap' in budget

    November 29, 2023
    Top Post

    What to do instead of college: 6 alternatives to consider

    November 30, 2023

    Nottingham City Council effectively declares bankruptcy over 'significant gap' in budget

    November 29, 2023

    Report: Investors adding to record Massachusetts housing market strains

    November 29, 2023

    Sports kit-maker Castore scores bumper valuation with Raine investment

    November 29, 2023
    Don't Miss
    Sports

    Patriots’ Jack Jones breaks silence on arrest, departure from practice

    By Bhagyashree SoniAugust 5, 2023

    FOXBORO — Patriots cornerback Jack Jones spoke to reporters Friday for the primary time since…

    Finance

    More international locations evince curiosity to purchase Indian wheat

    By Business KhabarMay 14, 2022

    India is exploring potentialities of wheat exports this fiscal to a clutch of nations. While…

    Health

    Covid-19: 673 recent instances, 4 extra deaths in Delhi; positivity charge at 2.77%

    By Business KhabarMay 14, 2022

    Delhi on Saturday recorded 673 new Covid instances and 4 extra deaths, whereas the positivity…

    News

    Not everyone thinking of a solution to COVID can be allowed to file a petition: Supreme Court

    By Business KhabarJanuary 10, 2022

    New Delhi: The Supreme Court on Monday said that everyone who thinks there is some…

    About Us
    About Us

    Business Khabar: Read latest business news, auto news, technology news, personal finance, industries news, investment & insurance news, startups & success stories.

    We're accepting new partnerships right now.

    Email Us: [email protected]

    Facebook Twitter LinkedIn
    In Case You Missed

    US targets banks’ billions of dollars in overdraft fees

    November 30, 2023

    What to do instead of college: 6 alternatives to consider

    November 30, 2023

    Nottingham City Council effectively declares bankruptcy over 'significant gap' in budget

    November 29, 2023
    Last Minute Read

    An unruly OPEC is causing problems for Russia and Saudi Arabia

    November 30, 2023

    Dave Ramsey has blunt words on controversial credit card question

    November 29, 2023

    Welcome to a golden age for workers

    November 29, 2023
    Facebook Twitter LinkedIn
    • About us
    • Contact
    • Contribute for us
    • Privacy Policy
    • Disclaimer
    © 2023 Business Khabar. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.