Agora IPO raises US$400M


Agora, a Chinese real-time communications technology company, listed on Nasdaq on 26 June raising about US$400 million.

Wilson Sonsini, King & Wood Mallesons and Maples Group acted as US, PRC and Cayman Islands counsels, respectively to Agora, while Fangda Partners and Simpson Thacher represented the underwriters.

The company provides real-time cloud services to help developers to embed real-time audio and video into applications. Its clients include Chinese technology giants such as Xiaomi and Xunlei. subscripton ad red 2022