Alibaba's Workplace App DingTalk Crosses 600M Users

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  • Alibaba Group Holding Limited BABA operated workplace app DingTalk President Jun Ye said the platform’s users had exceeded 600 million, while the number of enterprises exceeded 23 million.
  • Alibaba disclosed for the first time that the platform’s paid daily active users (DAUs) had hit 15 million, Pandaily reports
  • Alibaba also released the 7.0 version of DingTalk, bringing comprehensive upgrades of core products like online documents, online conferences, low code development, and mini apps.
  • The newly released 7.0 version focused on solving cross-enterprise collaboration problems and improving industrial chain efficiency.
  • DingTalk launched an enterprise service aggregated platform at the conference, which gathered over 1,500 SaaS (Software as a Service) applications. DingTalk introduced ten kinds of enterprise services. 
  • So far, various enterprise service providers, like Trip.com, Zhaopin, AutoNavi Mobility, and rrzu.com, have joined the new platform to provide services for DingTalk users.
  • DingTalk, for the first time, shared its commercialization goal in March.
  • DingTalk looked to collaborate with 1 million paid enterprises. It aspired to become a mature enterprise service platform and market.
  • Alibaba reported second-quarter FY22 revenue growth of 3% year-on-year to $29.12 billion, missing the consensus of $29.45 billion.
  • Cloud grew by 4% Y/Y to $2.92 billion.
  • The cloud segment comprising Alibaba Cloud and DingTalk grew, driven by healthy public cloud growth.
  • Price Action: BABA shares traded higher by 0.07% at $89.92 in the premarket on the last check Wednesday.
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