Tencent Doubles Down On Workplace Tech With Teambition Investment

Tencent made a huge bet on the enterprise market with the launch of WeChat enterprise this year, hoping to tap the large number of businesses already using the hugely-popular message platform for work.

According to the company’s latest earnings report, WeChat enterprise has over 20 million registered users, and they’re now doubling down on productivity tools with a new investment in workflow startup, Teambition.

Shanghai-based Teambition sealed an undisclosed amount of funding from the tech giant as part of a B+ funding round, following a 12 million USD series B in September last year.

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