Zoom Video reported a surge in paid users for the April quarter, answering one of the big questions about the videoconferencing firm—revealing that the surge in usage Zoom has seen since the pandemic was not only among free users. The biggest increase came from companies with less than 10 employees, which grew 354% during its fiscal first quarter ended April 30 compared to last year. Last...
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DoorDash Should Buy Instacart Now
Instacart’s stock price performance so far brings to mind a variation on the old line about love: Is it better to have gone public and lost, or never to have gone public at all? The shares fell 9% on Monday to $26.96, 10% below its IPO price, following our scoop that the Wall Street analysts at the banks underwriting the offering are projecting a severe slowdown in Instacart’s growth in the...
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