According to Stocklytics.com, Zoom mobile app downloads have plunged by 89 per cent between Q2 2020 and Q4 2023. Data revealed a particularly stark drop in the Asia-Pacific region, one of Zoom’s key markets.
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(FILES) In this file photo illustration taken on March 30, 2020, a Zoom App logo is displayed on a smartphone in Arlington, Virginia. – Zoom, the videoconferencing firm, has agreed to settle a class-action US privacy lawsuit for $85 million dollars, it said on August 1, 2021. (Photo by Olivier DOULIERY / AFP)