Google Chat / Google Chat Power User

Spaces vs. Group Conversations

You can use both group conversations in Chat and specific spaces to communicate with one or more people.

Should I use a space or a group conversation?

Generally speaking, spaces should be used to collaborate on long-term projects with teams or specific groups of people. Group conversations should be used for direct messages with 2 or more people.

Group conversations are listed along with 1:1 conversations under Chat in Gmail:

Spaces show  under their own icon on the left-hand side of the screen:

What are the differences between a space and a group conversation?