Chinese rivals are breaking into the laurels of Zoom

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With the advent of the coronavirus pandemic, various videoconferencing solutions are gaining more popularity than ever before and will probably be able to maintain this popularity even after the infection has receded. The pandemic has also taken new players to astonishing heights, just think of Chinese-born millionaire businessman Eric S. Yuan Zoom, who has grown on the more secure legs of Microsoft Teams and Google Meet in just a few months. Zoom's positions are now not most threatened by these platforms.

In Yuan's native China, the biggest technology giants are also trying to strengthen their position in the field of video conferencing platforms, though local market guns get some leeway from the state. Thus, as early as last September, China, like many other software solutions or platforms, banned the international release of Zoom, leaving room for local players such as Alibaba-listed DingTalk or Tencent VooV.

one of dingtalk's largest customers is the Chinese police (source: dingtalk)

Chinese protectionist policy has once again had an effect: without Zoom, DingTalk and VooV (or its Chinese counterpart, Tencent Meeting has suddenly become extremely popular – and of course the Covid-19 epidemic has come to the fore, making DingTalk now used by more than ten million Chinese companies and government organizations (the two converge in some places) and more than 120 million students nationwide. [19659002] Encouraged by the success of Zoom and similar platforms, Chinese players also entered the international market with their video conferencing platform in the spring, though services are largely available in Asia for the time being and are unlikely to remain really popular here. At the same time, Tencent officials made it clear that they intended to make the platform available “in accordance with local regulations.” [19659002] Meanwhile, additional restrictions on the use of Zoom have been introduced since the beginning of the month in China. Accordingly, only companies can register for the platform through a properly licensed sales channel, but anyone can be invited (for the time being) to conferences hosted by registered users.

The location of emerging Chinese players is understandable even if the coronary epidemic is completely eradicated. from the formula. According to some market forecasts, the video conferencing platform market could reach $ 16 billion in traffic by 2030, and Alibaba and Tencent have all the tools they need to monetize their newly acquired consumer base compared to Zoom (and like Google). [19659009] window.fbAsyncInit = function () {
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