Qi Junyuan, the previous head of Alibaba‘s on-line storage platform and founder of Teambition, a digital collaboration platform, has not too long ago joined Feishu, an workplace communications platform operated by ByteDance, 36Kr reported on January 11. Feishu later confirmed the report.
An particular person near Feishu stated that Qi will report back to Feishu CEO Xie Xin, however the scope of his duties has not but been decided. Qi based Teambition in 2011, which is positioned as a light-weight staff collaboration device designed for small and medium-sized enterprises. It has obtained funding from many prime establishments, equivalent to Northern Light, IDG and Gobi China.
After seven years of growth, Teambition was acquired by Alibaba for $100 million in 2019. Qi then joined Alibaba‘s Intelligent Cloud Business Group, responsible for several products including Alibaba Cloud’s developer equipment, DingTalk’s collaboration equipment and on-line storage platform. In 2021, Qi deliberate to begin a enterprise once more after leaving Alibaba Cloud.
The pandemic has introduced the collaborative workplace market right into a interval of speedy development. When COVID-19 first broke out, DingTalk and WeCom, which had been established for a number of years, witnessed a pointy enhance in customers. For instance, the quantity of WeCom customers elevated from 60 million to 250 million in simply 9 months.
Feishu has not grasped these development alternatives in a big method. User measurement and exercise are vital evaluation indicators, and, judging from these two dimensions, Feishu continues to be far behind DingTalk and WeCom. According to QuestMobile’s knowledge, as of November 2022, the quantity of month-to-month customers (MAU) of DingTalk, WeCom and Feishu reached 253 million, 110 million and 9.3 million, respectively.
In order to catch up, ByteDance has additional invested in Feishu by significantly increasing the staff measurement to over 8,000 in 2022 from over 2,000 in 2021. By distinction, the quantity of staff at DingTalk is about 1,500, whereas that at WeCom is just a number of hundred.
A Feishu worker instructed 36Kr that the quantity of staff members at Feishu is rising quickly, however the proportion of middle-level managers is inadequate, particularly those that perceive enterprises’ wants and might lead groups. Since 2018, ByteDance has made frequent acquisitions and investments in collaboration, paperwork, conferences and different fields, and it has recruited many founders of startups.
SEE ALSO: ByteDance’s Enterprise Communications Platform Launches “Feishu Projects”
As Feishu continually adjusts its technique, it’s accompanied by the loss of executives. After Feishu acquired on-line note-making device Mubu in 2018, each founders left Feishu in 2021 to begin a brand new enterprise. In 2022, ByteDance acquired the code-free firm “Hipa Cloud,” and its founder Chen Jinzhou joined Feishu just a few months later, then left the job. Deng Yunze, the founder of SOMO, a web based conferencing device, who joined Feishu earlier than, has additionally left the job.
Recently, Jiemian News reported that an inner Feishu assembly confirmed that income from its home enterprise operations had been lagging, and that it might shift its focus to different international locations going ahead.
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