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    David LiBank of America Securities

    David Li's questions to Agora Inc (API) leadership

    David Li's questions to Agora Inc (API) leadership • Q1 2025

    Question

    David Li from Bank of America Securities inquired about the key application areas for conversational AI and the demand trends for Agora's China versus overseas businesses, including volume and average selling price (ASP) trends.

    Answer

    Founder, CEO & Chairman Tony Zhao identified education, IoT (e.g., conversational toys), and call center services as the most active use cases for conversational AI. CFO Jingbo Wang added that US/global market growth is strong at nearly 18%, driven by live video shopping and entertainment apps in North America and Europe. She also noted a demand recovery in Asia and more stable pricing overall, with China also showing signs of recovery and more moderate pricing pressure compared to previous years.

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