Zoom is now worth more than American Airlines, Expedia and Hilton combinedtechUpdated: Apr 19, 2020 00:43 ISTSecurity issues? Teleconferencing app Zoom is now valued more than the market capital of US’ “blue-eyed boys” American Airlines, Expedia and Hilton combined. According to reports, as of April 8 closing, “Zoom had a market cap of $31.73 billion, while the combined value of Hilton ($18.26 billion), American Airlines ($7.91 billion) and Expedia ($ 4.35 billion) stood at $30.52 billion”. Hilton’s value has declined by half from the $31 billion recorded in January, As per April 3, American Airlines and Expedia have dropped $4 billion and $7 billion in market cap. Zoom has since updated its privacy and security policies and has allowed users to password-protect calls to prevent hackers from joining.
Source: Hindustan Times April 18, 2020 18:35 UTC