Zoom admits it does not have 300m daily users
Microsoft Corp.
$406.32
13:04 26/04/24
Zoom confirmed on Thursday that it does not have 300m daily active users and said it had previously “unintentionally” referred to daily meeting participants.
ALPHABET-A
$171.95
13:09 26/04/24
Dow Jones I.A.
38,239.66
04:30 15/10/20
Nasdaq 100
17,718.30
12:15 26/04/24
In statements given to The Verge, the popular video conferencing app backtracked on earlier claims made in a blogpost saying it had 300m daily active users.
The difference between a daily active user (DAU) and “meeting participant” is significant as daily meeting participants can be counted multiple times throughout the day.
The Zoom blog from April 22, in which the video conferencing app announced a 50% jump in users over three weeks, has now been edited.
“When we realized this error, we adjusted the wording to ‘participants’,” the company told the Verge, adding, “this was a genuine oversight on our part.”
Zoom usage has soared from 10m daily meeting participants back in December to 300m this month. Although rivals like Microsoft Teams and Google Meet appear to be closing the gap with Microsoft saying on Wednesday it now has 75m daily active users of Teams, a jump from 70% in a month. Microsoft also recorded 200m meeting participants in a single day this month.