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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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评论14

  • Annie_ann29
    ·2021-12-06
    Like plz
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  • limsyk
    ·2021-12-05
    Online meeting market becomes even more competitive. Maybe Zoom margins will suffer.
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  • ehkay
    ·2021-12-03
    [Miser] 
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  • 我i168
    ·2021-12-03
    MS Teams sucks! Will not be able to compete with $Zoom(ZM)$
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    • ku18am
      i like ms teams better [Happy]
      2021-12-03
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  • YJ1234
    ·2021-12-03
    Like pls
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    • JimmyT
      ok
      2021-12-03
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  • Portfolio50
    ·2021-12-03
    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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    • YJ1234
      ok
      2021-12-03
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  • CIG
    ·2021-12-03
    I used Team once only, so horrible that I won't use it again.
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  • Deonc
    ·2021-12-03
    I still prefer to use ZOOM. Please like and comment. Thanks
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  • Zenkyn
    ·2021-12-03
    But teams audio quality sucks to begin with even using paid version. So the lower end versions we will just hear people quacking?
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  • ahBern
    ·2021-12-03
    Like
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    • Jliang
      Okay
      2021-12-03
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  • Junpani
    ·2021-12-03
    Like
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    • 来人
      Done
      2021-12-03
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  • 100EMAS
    ·2021-12-03
    Must Zoom in on the money!
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    • GinOng
      Agree!
      2021-12-03
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  • JimmyChua
    ·2021-12-03
    Zoom will launch new products n features
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    • 100EMAS
      Really?
      2021-12-03
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  • koolgal
    ·2021-12-03
    Microsoft is targeting Zoom small users with Teams Essential a low cost version of video conferencing call.  Zoom has to step up to competition to keep its customer base. Go Zoom! 
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    • koolgal
      Thanks
      2021-12-03
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    • ahBern
      Ok
      2021-12-03
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