Everything is not IMAP. Everything is proprietary JSON APIs. Gmail, Outlook, etc are not using IMAP because IMAP is unusable these days. Fastmail is essentially the same thing but with an effort to share the work.
I forget the exact action described but I believe it was renaming a folder requires downloading every email in the folder and then uploading them all in individual requests which takes minutes. Stuff like this plague the protocol and hold back email clients. Rather than spending dev time building the best client, they waste it wrestling a protocol that has long outlived its usefulness.