Zoom stock slid more than 2% in premarket trading

Tiger Newspress2021-12-03

Zoom stock slid another 2% in premarket trading after falling 3% yesterday.

Microsoft adds a cheaper teams to take down Zoom.The software giant has gone the low price route to bring in more small business users.

Microsoft has released Teams Essentials, a standalone version of its popular videoconferencing software. Previously customers could only subscribe to teams as part of a broader suite of Office software.

The new version of teams costs $4 per user, per month which Microsoft called "the most competitively priced online meetings and collaboration solution in the market," in a release.

Microsoft has made it clear that it is targeting small businesses, a key Zoom customer base, with Teams Essentials.

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精彩评论

  • Annie_ann29
    2021-12-06
    Annie_ann29
    Like plz
  • limsyk
    2021-12-05
    limsyk
    Online meeting market becomes even more competitive. Maybe Zoom margins will suffer.
  • ehkay
    2021-12-03
    ehkay
    [Miser] 
  • 我i168
    2021-12-03
    我i168
    MS Teams sucks! Will not be able to compete with $Zoom(ZM)$
    • ku18am
      i like ms teams better [Happy]
  • YJ1234
    2021-12-03
    YJ1234
    Like pls
  • Portfolio50
    2021-12-03
    Portfolio50
    Big companies don't like to offer cheap products due to high overheads. Microsoft must have felt really threatened for them to resort to this.
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