Communication service Slack with strong growth
The trend toward working from home during the COVID-19 crisis led to strong business growth for the office communication service Slack last year.
Turnover increased by 43% year-on-year to 902.6 million dollars, as the company announced on Thursday after the close of the US stock exchange. In the fourth quarter of 2020, turnover grew by 38% to 250.6 million dollars.
Slack benefited from the high demand for office software during the coronavirus pandemic. CEO Stewart Butterfield spoke of an unprecedented acceleration of digital change.
However, it has not yet made any money. For the year as a whole, Slack made a loss of 300.4 million dollars. In the fourth quarter, the loss of 82.0 million dollars was slightly lower than a year ago. (SDA)
