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Zoom's Q2 revenue jumps 169% as remote work trend continues

Videoconference company's Asia-Pacific sales more than triple year-over-year

Zoom reported a 169% year-over-year revenue jump in the February-April quarter.    © Reuters

PALO ALTO, U.S. -- Zoom, the videoconferencing service provider, reported record quarterly results on Tuesday after surging to prominence as a tool for home-working employees locked down during the new coronavirus pandemic.

"Work-from-home and social distance initiatives have meaningfully accelerated the adoption and traffic on the Zoom video communications platform," Zoom CEO Eric Yuan said in an earnings call. "Use cases have grown rapidly as people integrated Zoom into their work, learning, and personal lives."

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