Should You Invest In Zoom Video Communications Inc?

Zoom Video Communications, Inc. provides a video-first communications platform to customers worldwide. The company offers Zoom Meetings, which support HD video, voice, chat, and content sharing through a wide range of devices. Founded in 2011, Zoom has its headquarters in San Jose, California. Formerly known as Zoom Communications, Inc., the company changed its name to Zoom Video Communications, Inc. in May 2012. In addition to Zoom Meetings, the company offers Zoom Phone, which is an enterprise cloud phone system that supports a wide range of functions, including secure call routing, call detail reports, call queuing, voicemail, call recording, call quality monitoring, switch to video, and other services. The company also offers Zoom Chat to share messages and more, Zoom Conference Room Connector to join Zoom meetings, and Zoom Rooms, which is a software-based conference room system. Zoom Video Communications stock is listed on the NASDAQ under the ticker ZM. The company also offers Zoom for Developers to support the integration of its video, chat, phone, and content sharing into other applications. On June 29, 2021, Zoom announced that it had reached an agreement to acquire Kites, an AI start-up focused on developing real-time translation tools. Find ZM price updates and further information on eToro.