API

Agora, Inc. (NASDAQ:API) is a Chinese-American technology company founded in 2013 and headquartered in Shanghai, China. The company went public on June 26, 2020, during the height of the pandemic-driven digital transformation boom. Agora operates as a Real-Time Engagement Platform-as-a-Service (RTE-PaaS) provider, offering developers the infrastructure and tools needed to embed real-time video, voice, and messaging capabilities into applications. After experiencing significant growth during the early pandemic years, the company has faced headwinds from regulatory changes in China's education sector and broader macroeconomic challenges, leading to revenue declines and operational restructuring efforts aimed at achieving profitability.