An electronic device for sharing images with another electronic device through bidirectional communication and providing feedback information based on the information concerning the images and an information sharing method of the electronic device is provided. The electronic device includes a user interface, a communication circuit configured to connect the electronic device to at least one external electronic device though at least one of first and second communication channels, a memory, and a processor which is electrically connected to the user interface, the communication circuit, and the memory, wherein the memory stores instructions for the processor to establish a communication connection with the external electronic device through the first and second communication channels, transmit contents to the external electronic device through the second communication channel, receive at least one of input information made to the contents at the external electronic device and status information of the external electronic device through the second communication channel, generate feedback information related to the contents based on at least one of the input information and feedback information, and output the feedback information through the user interface.