“Zoom’s daily users ballooned to more than 200 million in March from a previous maximum total of 10 million, …Eric Yuan said on Wednesday, as it fought to dispel concerns over privacy and “Zoombombing”. “To put this growth in context, as of the end of December… the maximum number of daily meeting participants, both free and paid, conducted on Zoom was approximately 10 million,” founder and CEO Eric Yuan wrote in a letter to Zoom users on Wednesday.”
When the size of your business grows from 10 million users to 200 million users in three months, I think a few hiccups can be expected. Have any of you ever heard of ANY company at this scale, EVER, that grew 20x in a YEAR, much less THREE MONTHS? …I’m trying to think back and I don’t even think Apple, when they released the first iPhone, came anywhere near close to that. And this was not just one product or one line of their business that grew 20 times. It’s the whole business that grew 20 times. It seems to me to be totally unprecedented, in my experience anyway.
Saul,
I saw the above. I also wrote the following in an earlier post. I cannot understand how you could have 2.51x daily active users and 20x daily users for the month of March.
It looks like daily active users are up 151% (2.51x) in March yoy. How does this square you with the 38x increase in downloads? Is it because the 151% is a monthly average number and most of this increase has probably occurred in the last 7-10 days?
Zoom Video’s (NASDAQ:ZM) daily U.S. user volumes hit a record 4.84M yesterday, according to Apptopia data.
The company’s active users were up 151% Y/Y in March.
On the same day, Microsoft (NASDAQ:MSFT) Teams had 1.56M users and Slack (NYSE:WORK) had less than 500K.
Zoom Video’s (NASDAQ:ZM) daily U.S. user volumes hit a record 4.84M yesterday, according to Apptopia data.
The company’s active users were up 151% Y/Y in March.
TexMex,
I think it’s very likely the 151% number is just an error. I traced it to Reuters and several other outlets…looks like it was maybe an Associated Press blurb.
Think about it, if the last couple weeks there have been almost 5 million actives, even if earlier March was a lot lower, it’s gotta be, say, 2.5 million average for the month at least.
So for the 151% number to be correct, they would have had to have 1 million actives in March of 2019.
Apptopia appears to be tracking app use in IOS and Android only. Specifically iTunes App Store and google Play. I’m guessing apptopia doesn’t have visibility into a large part of the story