According to the company’s fourth-quarter results release, revenue increased 13% year-on-year in the fourth quarter of 2020. This has dramatically changed many industries, which previously relied on pen and paper and other outdated modes of communication and document storage.ĭropbox stock has surged as users have moved to its platform. It is now commonplace for employees and employers to share and work on documents online. Some estimates suggest that the world has gone through around a decade of technological change in just a few months. The pandemic has completely changed how companies and employees live and work worldwide. Since the end of March last year, shares in the company have increased in value by around 70%. Dropbox stock has been one of the primary beneficiaries of the pandemic.
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