The benefits of having a cloud-based API for complex voice and video interaction are well established. Twilio (TWLO) is the market leader here. Twilio started on the text and voice side and then moved to support more video and (with the acquisition of SendGrid) email.

Agora (NASDAQ: API) is scheduled to go price their IPO this Thursday night and open for trading on Friday, June 26th. The current range is $16-18 on 17.5M ADSs where each ADS = 4 ordinary shares. The offering is all primary shares. There is a concurrent private placement of . . .

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