Bing Duan's questions to Agora Inc (API) leadership • Q1 2025
Question
Bing Duan from Nomura inquired about the expected timing for the mass adoption of conversational AI, given its current price premium, and asked about the competitive landscape and pricing trends in China and their potential impact on gross margins.
Answer
Founder, CEO & Chairman Tony Zhao stated that a single tipping point for AI adoption is unlikely; instead, it will occur gradually across hundreds of different products as they each achieve product-market fit, making a specific timeline difficult to predict. CFO Jingbo Wang addressed competition in China, noting market consolidation and Agora's strategy of focusing on higher-value use cases and technical optimization to maintain stable gross margins. She believes the future of competition will be a combination of real-time communication and conversational AI.