Microsoft Groups surpasses 20 million each day energetic customers, rival Slack slips

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FILE PHOTO: The Microsoft emblem 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 mentioned on Tuesday its office messaging app, Groups, has greater than 20 million each day energetic customers, up from 13 million customers in July.

The software program maker gives the app as a free add-on platform to its Workplace365 customers. By way of Groups, customers can begin a chat, share information, make calls and maintain net conferences.

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

Slack, whose prospects embrace Digital Arts Inc and Nordstrom Inc, reported over 10 million each 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 Techniques Inc’s Webex Groups.

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