ZOOM : Millions of People Adopted Telework and Socialization at a Distance

During the Covid-19 pandemic, millions of people adopted telework and socialization at a distance. These trends are gradually becoming the new standard, and some companies are already rubbing their hands with this metamorphosis of the value structure on a global level.

In this context, Zoom Communications, a popular videoconferencing company, is the very example of an organization benefiting from this transformation. Indeed, in mid-May 2020, Zoom's market capitalization soared to $ 48.8 billion , despite revenues of only $ 623 million in the past year.

Meanwhile, the airline industry has experienced an opposite fortune, suffering an unprecedented drop in demand, as international restrictions have closed airports. The world's largest airlines have seen their market capitalization drop 62% since the end of January 2020 to $ 46.2 billion . As countries strive to contain the spread of Covid-19, many airlines have cut travel capacity, laid off workers and cut executive pay to try to stay afloat.

Mathematical result of this situation: Zoom now weighs as much as the top 7 airlines in terms of income worldwide! And the future will certainly reserve us a plethora of examples of this kind.