Zoom video conferencing app's user base grew by another 50% to 300 million in the last three weeks, as the company fought to quell a backlash around security and safety that has seen a number of governments and firms ban its applications.
Chief Executive Eric Yuan gave the numbers late on Wednesday in an update on the platform's 90-day security plan, while also outlining the rollout next week of a new version of the app with more encryption features.
Zoom shares closed up nearly 5% in New York, and at $150.25 are now back close to peaks close to $160 hit last month before the security row erupted.
German carmaker Daimler was the latest company on Thursday to say it had banned use of Zoom for all corporate content until further notice. "The