iTnews

Slack's quarterly billing growth slows due to COVID-19 concessions

By Staff Writer on Sep 9, 2020 11:51AM
Slack's quarterly billing growth slows due to COVID-19 concessions

Takes $15 million first half hit.

Slack's billing growth, a key indicator of future revenue, slowed in the second quarter and the workplace messaging app owner said it took a US$11 million (A$15 million) hit in the first half due to the COVID-19 related concessions. The company said it offered credits, payment in installmen...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.
Copyright Reuters
© 2019 Thomson Reuters. Click for Restrictions.
Tags:
cloud collaboration slack software

Partner Content

Beat the DDoS blackmails in 2021
Promoted Content Beat the DDoS blackmails in 2021
What conversations should executives be having about cyber security?
Partner Content What conversations should executives be having about cyber security?
Nestlé subsidiary sees sweet returns from data-driven transformation
Partner Content Nestlé subsidiary sees sweet returns from data-driven transformation
One way SD-WAN can save business leaders' time
Partner Content One way SD-WAN can save business leaders' time

Sponsored Whitepapers

Empowering workforces in the new environment
Empowering workforces in the new environment
Is the technology refresh dead?
Is the technology refresh dead?
DevSecOps: A framework for digital innovation
DevSecOps: A framework for digital innovation
Encryption: Protect your most critical data
Encryption: Protect your most critical data
Overcoming data security challenges in a hybrid, multicloud world
Overcoming data security challenges in a hybrid, multicloud world

Events

  • On-Demand Webinar: How Poly and Microsoft are Embracing Future Work Environments
  • [Webinar] - Transformation versus compliance – a guide for CXOs
  • "How Digital Transformation can solve the cyber challenge"
  • Masters of Microsoft Licensing
  • Is your DevSecOps stuck in first gear?
By Staff Writer
Sep 9 2020
11:51AM
0 Comments

Related Articles

  • Salesforce buys Slack for $37.5 billion
  • BoQ enters phase two of Virgin Money Australia digital transformation
  • SAP nudges up 2021 revenue outlook
  • ClubsNSW looks to bridge industry gap with cloud-based HR platform
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

Aussie Broadband says some customers are switching providers to get high-speed NBN discounts

Aussie Broadband says some customers are switching providers to get high-speed NBN discounts

Kmart Australia and NZ will put a robot called TORY into every store

Kmart Australia and NZ will put a robot called TORY into every store

Swinburne University data breach exposes details of 5000 staff, students

Swinburne University data breach exposes details of 5000 staff, students

Aussie Broadband to white label its services

Aussie Broadband to white label its services

You must be a registered member of iTnews to post a comment.
Log In | Register
All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of nextmedia's Privacy Policy and Terms & Conditions.