Sunday, February 07, 2021 8:45:59 PM
Things driving Agora past 3 weeks:
1. News on Feb 1st that a private placement of $250 million was buying a 4.5% stake in Agora stock.
2. News a couple of days before that indicating that Agora was buying Easemob for cash (Easemob's messaging system nicely compliments Agora's video and audio live streaming strengths.
3. Finally, adding fuel to the fire, the internet is blazing with the news that Clubhouse uses Agora's platform. Clubhouse is the latest audio social media network that is growing rapidly in popularity and is bound to climb like SnapChat. So, if Clubhouse is taking off, then Agora's platform is powering it. The novel thing is that Agora's payment system works on a per-minute-of-use basis (not a fixed subscription) and therefore any client that becomes a megastar carries Agora along with it. See link below.
https://www.scmp.com/tech/start-ups/article/3120259/agora-chinese-company-powering-clubhouse-sees-stocks-soar-investors
"...a person familiar with the matter confirmed to the Post that Clubhouse uses Agora. Industry insiders have also said publicly that the hot new social platform was built using the Chinese company’s services."
"Knowledge of the relationship is not new. Angel investor Justin Caldbeck claimed on Twitter last summer that Clubhouse was built in a week using Agora. Saga Partners investor Richard Chu repeated the claim in his newsletter when he said he was investing in the company."
Recent API News
- Agora, Inc. to Report First Quarter 2024 Financial Results on May 22, 2024 • GlobeNewswire Inc. • 05/10/2024 10:00:00 AM
- Consumers Want More Live Interactive Shopping Events • PR Newswire (US) • 05/08/2024 01:00:00 PM
- Consumers Want More Live Interactive Shopping Events • PR Newswire (US) • 05/08/2024 01:00:00 PM
- Agora Launches Advanced Video Technology to Enhance Live Stream Quality • PR Newswire (US) • 05/01/2024 01:00:00 PM
- Agora Partners with EZDRM To Bring Content Protection To Live Broadcasting • PR Newswire (US) • 04/11/2024 01:00:00 PM
- Agora Partners with EZDRM To Bring Content Protection To Live Broadcasting • PR Newswire (US) • 04/11/2024 01:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/28/2024 02:25:57 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/27/2024 11:07:15 AM
- Agora, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results • GlobeNewswire Inc. • 02/26/2024 10:00:00 PM
- Agora, Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 26, 2024 • GlobeNewswire Inc. • 02/08/2024 11:00:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/07/2024 02:37:09 PM
- Agora, Inc. Announces Executive Leadership Update • GlobeNewswire Inc. • 12/07/2023 09:33:10 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/07/2023 09:00:01 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 12/01/2023 03:22:09 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 11/22/2023 11:02:55 AM
- Agora, Inc. Reports Third Quarter 2023 Financial Results • GlobeNewswire Inc. • 11/21/2023 10:00:00 PM
- Agora Announces RTE Telehealth, A Webinar Exploring the Impact of AI and AR/VR in Virtual Healthcare • PR Newswire (US) • 11/13/2023 02:00:00 PM
- Agora, Inc. to Report Third Quarter 2023 Financial Results on November 21, 2023 • GlobeNewswire Inc. • 11/09/2023 02:00:00 AM
- Agora Makes Livestream Shopping Technology Widely Available • PR Newswire (US) • 10/25/2023 01:00:00 PM
- Harnessing the Power of Live Shopping: Agora Announces Comprehensive Four-Part Webinar Series • PR Newswire (US) • 09/06/2023 01:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/22/2023 10:02:26 AM
- Agora, Inc. Reports Second Quarter 2023 Financial Results • GlobeNewswire Inc. • 08/21/2023 10:00:00 PM
- Agora, Inc. to Report Second Quarter 2023 Financial Results on August 21, 2023 • GlobeNewswire Inc. • 08/08/2023 07:34:10 AM
- Agora Partners with ActiveFence for Content Moderation to Ensure Trust and Safety for Real-Time Engagement Apps • PR Newswire (US) • 07/19/2023 01:03:00 PM
- Agora Partners with ActiveFence for Content Moderation to Ensure Trust and Safety for Real-Time Engagement Apps • PR Newswire (US) • 07/19/2023 01:03:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM