Clubhouse has become the hottest start-up in Silicon Valley as the invite-only, audio-focused social media app has drummed up excitement among investors and tech company founders. Its core feature also happens to be powered by Chinese company Agora, sending shares surging on Monday. Photo: AFP
Clubhouse has become the hottest start-up in Silicon Valley as the invite-only, audio-focused social media app has drummed up excitement among investors and tech company founders. Its core feature also happens to be powered by Chinese company Agora, sending shares surging on Monday. Photo: AFP
Technology

Agora, the Chinese-founded company powering Clubhouse, sees stocks soar as investors try to cash in on Silicon Valley’s hottest social media platform

  • Agora saw its stock jump 30 per cent on Monday amid broader awareness that the start-up Clubhouse uses the company’s real-time audio services
  • Clubhouse, Silicon Valley’s hottest new social app, received even more attention on Monday when Tesla and SpaceX CEO Elon Musk joined the platform

Clubhouse has become the hottest start-up in Silicon Valley as the invite-only, audio-focused social media app has drummed up excitement among investors and tech company founders. Its core feature also happens to be powered by Chinese company Agora, sending shares surging on Monday. Photo: AFP
Clubhouse has become the hottest start-up in Silicon Valley as the invite-only, audio-focused social media app has drummed up excitement among investors and tech company founders. Its core feature also happens to be powered by Chinese company Agora, sending shares surging on Monday. Photo: AFP
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