Hi @Anonymous ,
Long time no see, how are you?
As per the article: Document collaboration and co-authoring
Word and PowerPoint on all devices and versions more recent than Office 2010 support co-authoring. The Excel mobile apps and the latest version of Excel for Microsoft 365 also support co-authoring
But it contains some limitations like, users can co-author in Excel Web App only if everyone uses the Excel Web App to access the workbook. If anyone uses Excel (the client application) to access the workbook, co-authoring in Excel Web App will be disabled for that workbook while it is open in the client application.
And another limitation is Excel client application does not support co-authoring workbooks in SharePoint Server. The Excel client application uses the Shared Workbook feature to support non-real-time co-authoring workbooks that are stored locally or on network (UNC) paths. Co-authoring workbooks in SharePoint is supported by using the Excel Web App.
For more reference, you can refer to the below articles:
Thanks,
Echo Du
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