The Slacklike tool from ByteDance generated $100M in revenue in 2023.
According to a person familiar with the situation, Feishu, ByteDances app for office collaboration, generated more than $100 million in annual recurri
According to a person familiar with the situation, Feishu, ByteDances app for office collaboration, generated more than $100 million in annual recurring revenue last year. Just a few days after a contentious piece by Leiphone questioned Feishus capital burn, the milestone was first reported by the Chinese tech news website 36kr. Feishu is a comprehensive business communication messenger with useful features including automatic notetaking for video conferences, shared calendars, and collaborative documents. Feishu also has an international version named Lark. The fact that ByteDance invested in Feishu is a reflection of the situation of corporate software in China, where user acquisition is still mostly handled by sales, marketing, and services.
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B2B Tech News | 7 months ago