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France 24
France 24
Business

Zoom beats earnings expectations, expects more growth

BUSINESS DAILY © FRANCE 24

A year of homeworking for many people around the world has brought huge profits to videoconferencing firms. Zoom saw its revenue for the final quarter of 2020 rise above $880 million, more than quadrupling from the same period the previous year. The tech firm expects sales to rise further this year, though growth may be slower than in 2020. Plus, as theatres around the world struggle amid the pandemic, a Japanese dance company has come up with an innovative way to engage the audience in live performances while respecting social distancing measures.

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