Ti Cloud Inc News Today

Agora agreed to sell the customer engagement cloud business of Easemob, which it acquired less than two years ago, to TI Cloud for about $14.6 million.

Only one company sold shares for the first time in Hong Kong last month, with proceeds raised the lowest for initial public offerings (IPOs) in May in 10 years. A Chinese company that offers diagnostic services including COVID-19 tests was the only firm executing an IPO in the territory last month — Yunkang Group Ltd’s (雲康集團) deal raised US$139 million about two weeks ago. The amount is less than 10 percent of the proceeds garnered by companies in China and about 3 percent of the ta...