BRIEF: Agora’s loss widens as China business slumps
Real-time interactive technology provider Agora Inc. (API.US) announced on Monday its revenue for the third quarter fell 9.8% year-on-year to $31.6 million, as its net loss widened to $24.2 million…
BRIEF: Agora posts small revenue gain as loss narrows
Real-time engagement technology provider Agora Inc. (API.US) said on Monday its revenue rose 0.5% year-on-year in the second quarter to $34.2 million, as its global business outperformed its China operations.…
NEWS WRAP: Agora posts first non-GAAP profit in more than three years
Despite achieving the profit milestone, the real time engagement technology provider forecast its revenue would continue to decline in the current quarter By Teri Yu Agora Inc. (API.US), a…
Agora COO leaves, but no one cares. Does that point to bigger problems?
The real-time engagement technology provider announced the executive shuffle two weeks after reporting its revenue contracted for a seventh consecutive quarter Key Takeaways: Agora said its COO will leave the…
PODCAST: Corruption crackdown hits China’s big tobacco, and a tech company splits in two
A two-year-old corruption clampdown in China’s sprawling tobacco monopoly and regulator has netted nearly 20 senior officials and executives.
Why doesn't any other company or sector contribute revenue as abundantly and consistently to central government coffers as China Tobacco? Will China ever get serious about stamping out smoking more aggressively?
And real time engagement tech maker Agora announces plans to split in two, one half for its China business and the other for the rest of the world. Is this the wave of the future for China tech?
CHINA BULLETIN: China Awash in White Collar Workers, But Low on Laborers
In this week’s issue mixed manufacturing signals, snuffing out tobacco corruption and Elon Musk gets the red-carpet treatment. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
Agora hops on the China tech breakup bandwagon
The provider of real-time engagement services will split into two units, one focused on China and the other on its international business Key Takeaways: Agora said it will split into…