Will Zoom Video Keep Losing in 2021?

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXMPEA7D094_M.jpg

This month, a lawmaker from Russia’s ruling party floated the idea of banning ZM after the company reportedly told its distributors to stop selling subscriptions to Russian state institutions. And according to an outage tracking website Downtector.com, more than one thousand Zoom users were affected in March 2021 when ZM’s video-conferencing platform went down. Furthermore, because several users are reporting ‘Zoom Fatigue,’ the demand for the company’s products and services could decline significantly as the global economy reopens and people return to their offices.

Last, many major tech stocks, including Microsoft Corporation (NASDAQ:MSFT) and Alphabet Inc. (NASDAQ:GOOGL), have grabbed significant market share from ZM by offering similar services.

Continue reading on StockNews