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(Source: Chegg)
Industry


NOTE-TAKING APP FLOMO TO ACQUIRE BYTEDANCE’S MUBU FROM FEISHU

Mar 16, 2023, 11:58am2023/03/16 19:55:30 Pandaily
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The developer of flomo, a note-taking tool, has expressed intentions to acquire
ByteDance’s office tool Feishu’s mind mapping software Mubu. Jiemian News
reported on March 15 that flomo co-founder Plidezus confirmed the news but did
not reveal the exact amount of the purchase.

Launched in 2016, Mubu is a management tool that combines notes and mind maps to
help users manage tasks, devise plans, and organize brainstorming in a
productive manner. In 2018, ByteDance wholly acquired Mubu for millions of yuan.
Since then, the product and development team have been incorporated into Feishu.

At the time of ByteDance’s acquisition of Mubu, many Chinese internet giants had
just begun offering enterprise services, with documents being a key competitive
factor. In 2017, long before the Mubu acquisition, ByteDance participated in the
round B financing of online document product Shimo and became its majority
shareholder.

Sources close to the Feishu-flomo deal, as reported by 36Kr, have stated that
Feishu Docs’ features overlap with those of Mubu. After the departure of Mubu’s
two founders from Feishu in 2021, the company had no plans to continue
maintaining Mubu.

Flomo, the acquiring company, is a card note product that helps users quickly
record and review their notes. Its founders Plidezus and Lightory have over 10
years of experience in product design, operations, and technology.

SEE ALSO: ByteDance-Backed Feishu Confirms Head of Business Expansion in Japan

Flomo has announced that Mubu will continue to operate independently in the
future without any deliberate attempts to attract a large user base or increase
revenue through the use of ads or other methods that could compromise user
experience. Instead, the focus will be on long-term operations.

Sources close to the deal have emphasized that Mubu requires a team with
extensive experience in product development and operations for its maintenance
and updates. The products and operational capabilities of flomo are reportedly
the key factors behind Feishu’s decision to pursue this transaction.

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Tags *ByteDance | Feishu | Flomo | Remote Work



BYTEDANCE-BACKED FEISHU SEES $100M ANNUAL RECURRING REVENUE IN 2022

Feishu, an office tool owned by Chinese tech giant ByteDance, announced that its
annual recurring revenue (ARR), a key indicator, reached $100 million in 2022,
an increase of 2.7 times compared with 2021.

Industry Feb 16February 16, 2023
Pandaily


BYTEDANCE’S FEISHU SHIFTS FOCUS TO GLOBAL MARKET

The management team of Feishu, an office communications platform owned by
ByteDance, revealed at a recent internal meeting that the product's domestic
business operations in China will soon no longer be profitable, and its focus
will shift to overseas markets.

Industry Jan 09January 9, 2023
Pandaily


FORMER HEAD OF ALIBABA’S ONLINE STORAGE PLATFORM JOINS BYTEDANCE’S FEISHU

Qi Junyuan, the former head of Alibaba's online storage platform and founder of
Teambition, a digital collaboration platform, has recently joined Feishu, an
office communications platform operated by ByteDance.

Industry Jan 11January 11, 2023
Pandaily


BYTEDANCE-BACKED FEISHU CONFIRMS HEAD OF BUSINESS EXPANSION IN JAPAN

Last year, Qi Junyuan, the founder of collaboration and project management tool
Teambition, joined ByteDance's office software platform Feishu and now has begun
to take charge of the Japanese market for the company.

Industry Mar 08March 8, 2023
Pandaily













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We also support Punjabi language, do you want change to it?

ਸਾਨੂੰ ਇਹ ਵੀ ਪੰਜਾਬੀ ਭਾਸ਼ਾ ਨੂੰ ਸਹਿਯੋਗ ਹੈ, ਤੁਹਾਨੂੰ ਇਸ ਨੂੰ ਕਰਨ ਲਈ ਤਬਦੀਲੀ ਚਾਹੁੰਦੇ ਹੋ?

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We also support Bengali language, do you want change to it?

আমরা বাংলা ভাষা সমর্থন, আপনি এটি পরিবর্তন করতে চান?

Yes(হ) No(ন)

We also support Burmese language, do you want change to it?

ငါတို့သည်လည်း, မြန်မာဘာသာစကားကိုထောကျပံ့သငျသညျကအပြောင်းအလဲလိုသလဲ

Yes(ဟုတ်ကဲ့) No(အဘယ်သူမျှမ)

We also support Nepali language, do you want change to it?

हामी पनि नेपाली भाषा समर्थन, तपाईं यसलाई परिवर्तन गर्न चाहनुहुन्छ?

Yes(ह) No(कुनै)

We also support Tagalog language, do you want change to it?

Sinusuportahan din namin ang Tagalog wika, ang gusto mong pagbabago dito?

Yes(oo) No(hindi)

We also support Malay language, do you want change to it?

Kami juga menyokong bahasa Melayu, adakah anda mahu perubahan kepadanya?

Yes(yes) No(tidak)

We also support Indonesian language, do you want change to it?

Kami juga mendukung bahasa Indonesia, apakah Anda ingin perubahan untuk itu?

Yes(Iya) No(tidak)

We also support Thai language, do you want change to it?

นอกจากนี้เรายังสนับสนุนภาษาไทย, คุณต้องการที่เปลี่ยนแปลงไปได้หรือไม่

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