Microsoft Teams surpasses 20 mln daily active users; rival Slack shares slip

Credit: REUTERS/JIM YOUNG

Microsoft Corp said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million users in July.

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Nov 19 (Reuters) - Microsoft Corp MSFT.O said on Tuesday its workplace messaging app, Teams, has more than 20 million daily active users, up from 13 million users in July.

The software maker offers the app as a free add-on platform to its Office365 users. Through Teams, users can start a chat, share files, make calls and hold web conferences.

Microsoft Teams, used by companies like General Electric GE.N and SAP SAPG.DE, competes with Slack Technologies Inc WORK.N.

Slack, whose customers include Electronic Arts Inc EA.O and Nordstrom Inc JWN.N, reported over 10 million daily active users in the second quarter ended July 31.

Slack's shares closed 8.4% following the news.

Microsoft Teams also competes with Workplace by Facebook Inc FB.O and Cisco Systems Inc's CSCO.O Webex Teams.

BREAKINGVIEWS-Slack would be better off as part of a team

(Reporting by Ambhini Aishwarya in Bengaluru; Editing by Amy Caren Daniel and Rashmi Aich)

((Ambhini.Aishwarya@thomsonreuters.com; within U.S.+1 646 223 8780; outside U.S. +91 80 6749 0543;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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