Zoom now worth more than 7 big airlines | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
July 12, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, JULY 12, 2025
Zoom now worth more than 7 big airlines

Tech

TBS Report
18 May, 2020, 11:55 am
Last modified: 18 May, 2020, 12:32 pm

Related News

  • Mongla port surpasses revenue target by Tk9.46cr in FY25
  • NBR chairman asks customs officials to speed up clearance of imported goods
  • NBR reform aims at boosting revenue collection upholding fiscal discipline: Finance ministry
  • Emirates, US-Bangla, Saudia Cargo win top honours at 'Airline of the Year' awards
  • Benapole port: Revenue exceeds target by Tk316cr while imports decline

Zoom now worth more than 7 big airlines

Participants in the Zoom Meeting have skyrocketed in recent months, from 10 million in December 2019 to a staggering 300 million as of April 2020

TBS Report
18 May, 2020, 11:55 am
Last modified: 18 May, 2020, 12:32 pm
Photo: Reuters
Photo: Reuters

Zoom Communications, the popular video conferencing company, is earning billions as people are transitioning to working from home amid the coronavirus pandemic. 

The market value of Zoom stood at USD 48.8 billion as of May 15, while last year it was only USD 623 million, reports Visual Capitalist. 

Industry experts say business users were drawn to the app because of its user-friendly interface and user experience, and the ability to host up to 100 participants at a time. The software has also blown up among educators for use in online learning after CEO Eric Yuan took extra steps to ensure the application could be used free of charge by K-12 schools.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Participants in the Zoom Meeting have skyrocketed in recent months, from 10 million in December 2019 to a staggering 300 million as of April 2020.

On the other hand, the airline industry has experienced an unprecedented decline in demand as international restrictions have shut down airports.

The world's top revenue-based airlines namely Southwest Airlines, Delta, United, International Airlines Group, Lufthansa, American and Air France had a market capitalization of USD 121.301 billion by the end of January. However, as of May 15, the overall value has dropped by 62 per cent and now stands at USD 46.214 billion.

With countries struggling to control Covid-19 spread, several airlines have been reducing travel capacity, laying off staff and slashing executive pay to try to keep afloat.

No one can say for certain as to when regular air travel will resume. The condition of the airlines is so poor right now that even Warren Buffet has pulled out from airline stocks!

Meanwhile, as many parts of the world begin taking measures to restart economic activity, airlines could see a cautious return to the skies. However, things are far away from being normal any time soon. 

Top News

Zoom / Airlines / Billion / revenue

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Bangladesh and US hold tariff talks on 11 July 2025. Photo: CA Press Wing
    Dhaka, Washington yet to agree on 20% of US tariff conditions: BGMEA
  • Trump's tariff: 25-30% of exports to US could be jeopardised, BKMEA president warns 
    Trump's tariff: 25-30% of exports to US could be jeopardised, BKMEA president warns 
  • Former IGP Mamun being presented in front of the International Crimes Tribunal on 20 November 2024. Photo: Collected
    Clemency for ex-IGP Mamun conditional on full disclosure of July-August atrocities: ICT

MOST VIEWED

  • Representational image
    In addition to 35% tariff, US demands 40% local value addition for 'Made in Bangladesh' goods
  • Screengrab blurred
    Killers bash in head of man with rock, stomp body with perverse pleasure
  • How tender rules and a lone bidder stall a $2.5b power plant
    How tender rules and a lone bidder stall a $2.5b power plant
  • Economist Abul Barkat; Photo: Courtesy
    Economist Abul Barkat arrested in graft case
  • Photo: UNB
    WHO's Saima Wazed Putul 'placed on indefinite leave' amid corruption allegations: Health Policy Watch
  • After India's visa restriction, China's Kunming is drawing Bangladeshi patients
    After India's visa restriction, China's Kunming is drawing Bangladeshi patients

Related News

  • Mongla port surpasses revenue target by Tk9.46cr in FY25
  • NBR chairman asks customs officials to speed up clearance of imported goods
  • NBR reform aims at boosting revenue collection upholding fiscal discipline: Finance ministry
  • Emirates, US-Bangla, Saudia Cargo win top honours at 'Airline of the Year' awards
  • Benapole port: Revenue exceeds target by Tk316cr while imports decline

Features

After India's visa restriction, China's Kunming is drawing Bangladeshi patients

After India's visa restriction, China's Kunming is drawing Bangladeshi patients

21h | Panorama
Photo: Collected/BBC

What Hitler’s tariff policy misfire can teach the modern world

1d | The Big Picture
Illustration: TBS

Behind closed doors: Why women in Bangladesh stay in abusive marriages

1d | Panorama
Purbachl’s 144-acre Sal forest is an essential part of the area’s biodiversity. Within it, 128 species of plants and 74 species of animals — many of them endangered — have been identified. Photo: Syed Zakir Hossain/TBS

A forest saved: Inside the restoration of Purbachal's last Sal grove

1d | Panorama

More Videos from TBS

Air India crash: What happened before the plane crashed?

Air India crash: What happened before the plane crashed?

1h | TBS World
Home Affairs Advisor calls on everyone to come forward and stop violence

Home Affairs Advisor calls on everyone to come forward and stop violence

2h | TBS Today
More than a thousand layoffs at once in US government agencies

More than a thousand layoffs at once in US government agencies

3h | TBS World
US demands 40% local value addition for `Made in Bangladesh’ goods

US demands 40% local value addition for `Made in Bangladesh’ goods

23m | TBS Insight
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net