Application Platform News

Our latest news and commentary on applications, covering closed development platforms, SaaS vendors and related online services.

Platform Industry: Tencent logo at an event

Exclusive: Tencent-backed WeDoctor invites banks to lead $1 billion Hong Kong IPO, sources say

WeDoctor will push ahead with a Hong Kong listing and invite pitches from investments banks next week to lead an IPO valuing the Chinese healthcare platform at up to $10 billion, t...

AGM Online Voting

Online voting at AGMs in demand as coronavirus spreads

Online voting at annual shareholder meetings has jumped since the coronavirus outbreak as investors shun large gatherings because of travel restrictions or fear of infection, Swiss...

Slack

Strong subscription growth drives Slack’s earnings beat; shares rise

Reuters – Slack Technologies Inc beat Wall Street estimates for quarterly revenue and profit as it signed on larger companies to its workplace communication platform, sending...

SalesForce CRM

Salesforce beats analysts estimates

Salesforce.com Inc has beaten Wall Street analysts estimates for quarterly revenue as more companies opted for its SaaS CRM platform. Total revenue for the San Francisco-based comp...

MSFT

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

Reuters – 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.

MSFT

Microsoft updates terms on data privacy amid EU probe

BRUSSELS (Reuters) – Microsoft said on Monday it was updating the privacy provisions of its commercial cloud contracts after European regulators found its deals with European...

China Platform Economy

China seeks to leverage the platform economy

The Chinese government is to take a series of measures to support the ongoing development of businesses operating within the platform economy.