Zoom founder Eric Yuan reacts at the Nasdaq opening bell ceremony in New York City on April 18, 2019.
Kena Betancur—Getty Images
April 26, 2021 2:24 PM EDT

Zoom, whose share prices have more than doubled from last year after becoming the go-to destination for virtual birthday parties and endless meetings, is now positioning itself for a post-COVID future. Among its new offerings: apps that allow users to chat and share files, and cloud-phone systems and conference software for physical offices—a reflection that a hybrid return to offices is looking more likely. “We recognize this new reality,” CEO Eric Yuan said on a recent investor call.

More Must-Reads From TIME

Contact us at letters@time.com.