Agora (API) Surges Over 97% with Launch of aPaaS Product "Lingdong Meeting"

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Oct 02, 2024
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Shares of Agora (API, Financial) skyrocketed, registering an impressive increase of over 97% to $5.42. The trading volume exceeded 51.4 million shares.

The surge follows the company's announcement of the official release of their aPaaS product, "Lingdong Meeting." This product leverages Real-Time Engagement (RTE) technology and generative AI capabilities to provide a low-code video conferencing platform. It features a multi-cloud, multi-platform design and offers an SFU+MCU hybrid architecture to support flexible deployment and scaling, catering primarily to clients' meeting, collaboration, and scheduling needs.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.