Microsoft Groups surpasses 20 million every day energetic customers; rival Slack shares slip

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FILE PHOTO: The Microsoft brand is proven on the Microsoft Theatre on the E3 2017 Digital Leisure Expo in Los Angeles, California, U.S. June 13, 2017. Information/ Mike Blake

(Information) – Microsoft Corp stated on Tuesday its office messaging app, Groups, has greater than 20 million every day energetic customers, up from 13 million customers in July.

The software program maker provides the app as a free add-on platform to its Workplace365 customers. Via Groups, customers can begin a chat, share recordsdata, make calls and maintain internet conferences.

Microsoft Groups, utilized by corporations like Common Electrical and SAP, competes with Slack Applied sciences Inc.

Slack, whose clients embrace Digital Arts Inc and Nordstrom Inc, reported over 10 million every day energetic customers within the second quarter ended July 31.

The corporate’s shares fell about 10% in early commerce on Tuesday following the information.

Microsoft Groups additionally competes with Office by Fb Inc and Cisco Methods Inc’s Webex Groups.

(The story corrects headline to say Slack ‘shares’ slip)

Reporting by Ambhini Aishwarya in Bengaluru; Modifying by Amy Caren Daniel and Rashmi Aich