Harry Zhuang's questions to Agora Inc (API) leadership • Q4 2024
Question
Harry Zhuang, on behalf of Daley Li, inquired about demand trends in China versus overseas markets, key growth sectors for 2025, the recent impact of AI on demand and its specific use cases, and the company's profitability targets for 2025.
Answer
Executive Bin Zhao explained that China's demand is led by IoT and digital transformation, while global growth is driven by live commerce and the creator economy. He highlighted significant customer interest in the new conversational AI engine for use cases like virtual companions, language tutoring, and customer service. Executive Jingbo Wang added that the company expects to maintain a gross margin around 67% and anticipates stronger bottom-line growth than top-line growth in 2025, driven by revenue gains and flat operating expenses.