To support businesses that are shut down and require staff to work from home during the outbreak, many online collaboration apps and software have offered free tools and features for a limited time. The daily number of downloads from Apple App Store of video communication tools like DingTalk and Zoom has increased by five to ten times.
#SHIMO DOCS REGISTRATION#
Shimo Docs founder Wu Bing revealed recently that the number of new users and corporate registration has increased about six times during the outbreak. The coronavirus outbreak, which has devastated many businesses in China and the world, presents opportunities for telecommuting tools and other online service providers. Users on Shimo Docs browse, create, edit, and comment on more than 50 files per week on average. Monthly page views exceed 360 million, and over 100 billion words have been written on Shimo documents. The Google Docs-like collaboration tool has more than 28 million registered users and over 370,000 corporate users, per official data. Reportedly, the funds raised will be used mainly for further improvement on the performance of Shimo’s online office tools, as well as the development of new products that can better meet the needs of users and corporate clients.
Led by Broadband Capital and Fangguang Capital, this round of funding also involved NIO Capital and Huachuang Capital, while Scale Partners acted as exclusive capital advisor. SEE ALSO: Wuhan Coronavirus Outbreak Could be the Dawn of Vegan Meat, Remote Work and More Chinese online enterprise software provider Shimo Docs has recently completed B+ round of financing worth tens of millions of dollars, according to 36Kr.
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